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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 01/12/2021
Fundamental analysis
01 December, 2021
The USD/TRY pair traded sharply lower on Wednesday. At around 13:00, the dollar was being exchanged for 13.1505. The lira depreciated yesterday in response to earlier comments by President Erdogan, who once again reiterated its firm opposition to interest rate hikes and sustained his (particular) view that interest rates generate inflation but the Lira appears to have found a short term bottom for now.