Trading Sentiment Improves as Turkish Lira Stabilizes | Webinar
What's on this page
Trading sentiment news and analysis:
- The Turkish Lira has rallied in Europe Tuesday after its recent steep losses.
- That has improved market sentiment, at least for the time being.
Our trading forecasts for Q3 have been published; you can find them here.
Market confidence returns
The Turkish Lira is firmer in European markets Tuesday after its recent tumble, improving trader confidence for now at least.
USDTRY Price Chart, Ten-Minute Timeframe (August 8 – 14, 2018)
Chart by IG
Overall, confidence is still positive – albeit only just – and it’s less positive than it has been recently. You can find out more by listening to the recording above of my latest live sentiment webinar.
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--- Written by Martin Essex, Analyst and Editor
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.