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Tag: Turkish Lira

Weekend Review: The Turkish Crisis Explained

On Friday. World markets were down after Turkey roiled the markets. In the United States, the Dow, S&P, and Nasdaq fell by 0.78%, 0.70%, and 0.65% respectively while in Europe, the Stoxx, DAX, FTSE, and CAC lost 2.05%, 2%, 0.97%, and 1.60% respectively. Today, futures point to a lower open by the major markets in […]

Options For the Turkish Lira as it Falls to an All Time Low

Turkey is an important country in Europe and Asia with a GDP of more than $850 billion. The country has in the past applied to join the European Union in a bid to become more Western. The country is known for its vehicle, machinery, and refined petroleum products. It is also known for its large […]