The Traderszone Network

Published in TZ Latest News 16 July, 2016 by The TZ Newswire Staff

Friday Night Lights – Another Brexit moment for FX

It seems that such events are always planned for the weekend.  News of the attempted Turkish coup reached FX investors just hours before the close.  

Turkey’s currency is an exotic currency, commonly traded against USD, EUR, and JPY.  Near the close, a huge spike in USD/TRY:

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