• Turkish Lira hits the Skids

  • money · Forex · 2018-08-14 · Thomas Ott
  • Thanks to the Trump Trade (his big stupid mouth) and a dictator in Turkey, you have the ingredients for an emerging markets contagion.

    The Turkish Lira dropped like 19% yesterday against the USD and it shows signs of bouncing now. Who knows, but as long as Erdoğan doesn't let interest …