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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 17/11/2021
Fundamental analysis
17 November, 2021
Throughout most of the European trading day, the USD/TRY moved sharply higher while the dollar climbed against most of its rivals. At around 13:00, the dollar was being exchanged for 10.490 Turkish lira. After falling almost 3% on Tuesday, the lira slipped further to 10.45 to the dollar, bringing 2021 losses to 28% - the worst among EM peers. Bowing to political pressure, the central bank is seen cutting the policy rate by 100 basis points to 15% on Thursday, which would see the rate down by 400 bps since September, while inflation surges to almost 20%.
