USD/TRY Price Analysis: Bears buy TRY, supported on worsening opinion polls for Erdogan

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USD/TRY Price Analysis: Bears buy TRY, supported on worsening opinion polls for Erdogan
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USD/TRY Price Analysis: Bears buy TRY, supported on worsening opinion polls for Erdogan By ross_burland USDTRY Technical Analysis

and inflation risks ahead as the central bank is unlikely to act. Mr Erdogan overhauled the central bank's leadership last year. The bank has already slashed rates to 14 per cent from 19 per cent since September despite the central bank's official inflation target being just 5 per cent.

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