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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 10/12/2021
Fundamental analysis
10 December, 2021
The USD/TRY pair moved sharply higher on Friday. At around 13:00, the dollar was being exchanged for 13.9224. The Turkish lira moved to fresh record lows on Friday as concerns about President Erdogan's low interest rate policy were fueled by a central bank survey showing one of the biggest monthly rises in inflation expectations on record. The central bank's survey of market participants showed annual consumer price inflation was seen at 23.85% at the end of the year, up from a forecast of 19.31% a month earlier.