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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.
70.41% 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. 70.41% 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.
EU Session Analysis for CFD Instruments 20/12/2021
Fundamental analysis
20 December, 2021
The USD/TRY increased sharply during the Asian session to trade at 16.8824 this morning. The pair moved up and down in another violent session on Friday, finishing higher on the European trading day. Turkey’s self-inflicted currency crisis continues. After multiple ill-advised interest rate cuts, the Central Bank of the Republic of Turkey is running low on foreign reserves to defend the Turkish Lira. Laws are being passed against acquiring hard assets and hoarding food. On Friday, Turkey closed its local stock exchange. The United States did not post any significant economic data.
