The USD/TRY remains within sight of the 18.0000 mark.  The past week of trading has seen the USD/TRY currency pair within sight of the important ratio several times, but has not quite been able to topple the mark. However, speculators who are capable of holding long term positions may remain happily bullish as they pursue the trajectory upwards. Unfortunately for the citizens of Turkey a serious amount of fiscal mismanagement has led to the demise of the Turkish Lira.

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