Cristian Maggio, head of emerging markets strategy at TD Securities, points out that the Turkey’s Supreme Electoral Council has annulled the Istanbul election vote result from 31 March, and called for a new vote on 23 June. Key Quotes “There is significant risk of social unrest in the country and, in any case, the ruling inflicts a dramatic blow to the rule of law and weakens democratic standards in Turkey.” “We continue to expect USDTRY at 8.90 and CBRT’s WACF 600bps higher at 30% in a matter of months.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Reserve Bank of Australia keeps rates on hold, Aussie spikes to 0.7045 FX Street 3 years Cristian Maggio, head of emerging markets strategy at TD Securities, points out that the Turkey's Supreme Electoral Council has annulled the Istanbul election vote result from 31 March, and called for a new vote on 23 June. Key Quotes "There is significant risk of social unrest in the country and, in any case, the ruling inflicts a dramatic blow to the rule of law and weakens democratic standards in Turkey." "We continue to expect USDTRY at 8.90 and CBRT's WACF 600bps higher at 30% in a matter of months." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
