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An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Sunday, October 11, 2015
Turkish lira drops sharply against dollar because of horrific events, but I am buying it right now.
The Turkish lira has just opened up sharply lower against the U.S. dollar because of the horrific bombing that took place yesterday. However, the dollar's fundamentals are weakening so I am buying the Turkish lira right now. (Selling, USDTRY.)
Labels:
dollar,
Turkey,
Turkish lira
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