Home TRY could set the tone for its peers – Rabobank

TRY could set the tone for its peers – Rabobank

Published date: 8 Apr. 2019 | 14:02

Rabobank analysts point out that at the start of a new week of trading, TRY is the weakest link due to its specific domestic factors.

Key Quotes

“The sharp spike in USD/TRY has caught the attention of other USD/EM pairs with USD/ZAR also looking nervous.”

“Essentially, contagion from Turkey could spill into other EM countries if the lira selloff escalates markedly in the coming weeks.”

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