Instanbul 100 Index Has Reached 30-Yr Support in USD Terms

2018-08-12 · by · in Emerging Markets, Equities, Fundamental Analysis, FX, Technical Analysis, TRY, Turkey

Below I plot Turkey’s Istanbull 100 Index in USD terms. Driven by the recent collapse in the TRY, the index has reached 30-yr support dating back to the mid-1980s. However, should this support break in what would likely be driven…

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