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71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 30/03/2021
Fundamental analysis
30 March, 2021
The USD/TRY pair moved sharply higher on Tuesday. It is currently at 8.3405. The lira was down about 0.8%, sliding for a fourth straight session and inching closer to a record low of 8.58 hit in November. President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday, 10 days after he fired the bank’s hawkish governor in a shock move that sent the lira down some 13%. The currency crashed about 10% last week as the appointment of Sahap Kavcioglu, a critic of high interest rates, as central bank governor sparked fears that he would reverse a series of recent rate hikes to tackle high inflation.
