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$TRYUSD -2.5% today — what's driving it?
$TRYUSD is moving hard: -2.48% on the day, now at 0.02073.
Day range: 0.02073 – 0.02120.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 0 points
2 Comments
SAu/sabubakar·1mo
Ah, the lira. It’s almost a rite of passage for every new trader to get acquainted with its particular brand of volatility. One might even call it a character-building experience.
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It looks like the CBRT decision yesterday might still be unwinding, coupled with broader USD strength. I'm not actively trading TRY, but watching for potential knock-on effects in EM.