USDTRY soars to the highest level in 7 weeks

The Turkish lira is a big loser on Wednesday even though the central bank left interest rates unchanged. Traders are increasingly concerned about a renewing diplomatic rift between Turkey and the US and that leads to prices increases on USDTRY. The pair soars nearly 1% to 5.42 – the highest level since 16 January.

Economic calendar: US markets closed for holiday
Morning wrap (18.01.2021)
⏰ Will inflation return? LIVE 7:30
Daily summary: Global stocks lower as investors digest stimulus
Exxon reportedly investigated by SEC over asset valuation
When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses.