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  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here:https://t.co/1oygcFMFNs https://t.co/p8sZvpya4i
  • 🇲🇽 Unemployment Rate (OCT) Actual: 4.7% Expected: 5% Previous: 5.1% https://www.dailyfx.com/economic-calendar#2020-11-24
  • 🇲🇽 Mid-month Inflation Rate YoY (NOV) Actual: 3.43% Expected: 3.63% Previous: 4.09% https://www.dailyfx.com/economic-calendar#2020-11-24
  • 🇲🇽 Unemployment Rate (OCT) Actual: 4.7 Expected: 5% Previous: 5.1% https://www.dailyfx.com/economic-calendar#2020-11-24
  • 🇲🇽 Mid-month Inflation Rate YoY (NOV) Actual: 3.43 Expected: 3.63% Previous: 4.09% https://www.dailyfx.com/economic-calendar#2020-11-24
  • 🇲🇽 Mid-month Inflation Rate MoM (NOV) Actual: 0.04% Expected: 0.24% Previous: 0.54% https://www.dailyfx.com/economic-calendar#2020-11-24
  • GBPCHF remains interesting...all 3 moving averages look positive, with added 50-/200-sdma 'golden cross' being formed, horizontal resistance being probed #sterling #gbpchf @DailyFXTeam https://t.co/Qc3RsDrCnd
  • Heads Up:🇯🇵 BoJ Gov Kuroda Speech due at 12:05 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-11-24
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 93.82%, while traders in NZD/USD are at opposite extremes with 74.94%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/5eNiox9C77
  • Heads Up:🇲🇽 Unemployment Rate (OCT) due at 12:00 GMT (15min) Expected: 5% Previous: 5.1% https://www.dailyfx.com/economic-calendar#2020-11-24
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Dollar - Lira Chart

In January of 2005, a new version of the Turkish Lira was issued after the previous Lira's value fell so dramatically that the conversion was $1 to 1.5 million TRY. As the economy relies on foreign cash looking to earn short term profits on higher interest rates, any global headwinds and the subsequent risk off environment can lead to massive depreciations of the Lira. Although the nation wishes to join the Euro-Zone, political conditions in Turkey and economic issues in the EU continue to delay the process.