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Wednesday, November 17, 2010

Dollar Rebounds Strongly against Turkish Lira

"Dollar Rebounds Strongly against Turkish Lira
November 17th, 2010 Posted in Chief Analyst Special Report, Technical Analysis Bookmark and Share
Greg Holden

Following with the pattern of growing USD strength, it appears the Turkish lira can be added to the list. The USD/TRY has risen 0.5% over the past few days following a move by Ankara to curb liquidity by raising bank reserve requirements from 5.5% to 6.0%."

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