Saturday, August 26, 2017

Forex Analysis - Turkey Flows: Lira depreciates slightly on Gabriel comments | FXMarketAlerts.com

Forex - Turkey Flows: Lira depreciates slightly on Gabriel comments

The lira depreciated slightly at the start of Friday's session with the USD/TRY briefly climbing to 3.4904 in the aftermath of the comments by German Foreign Minister Sigmar Gabriel, who said late on Thursday that "Turkey will never become a member of the EU" as its government and President Tayyip Erdogan were "moving fast away from everything that Europe stands for".

More:Forex Analysis - Turkey Flows: Lira depreciates slightly on Gabriel comments | FXMarketAlerts.com