Euro Fly

[Sinan.47]

ıUS and Turkey's bilateral visa process and the impact of the decision to stop the operation in Idlib USD / TRY after rises above the 3.80 level, above the 3.71 level again this morning. Euro / TL exceeded 4.51 and broke the historic record. 

US Embassy, the visa applications from Turkey reported that stopped indefinitely. Turkey also followed this decision has suspended the visa applications of US citizens. A local employee, Metin Topuz, who worked at the US Consulate General in Istanbul, was once detained under an investigation by a former FBI investigator last week, and was arrested in the court he was detained.

 

Murat Muratoglu, spokesperson of the newspaper, commented on sozcu.com.tr and pointed out the decisive effect of the tension with the USA on the exchange rate. Muratoğlu used the following expressions: I look in terms of market and economy. This time we were a priest with America. When we arrested the men's priest, we were already in limon, and when the consular employee was arrested, it was complete! We are talking about America, the biggest economy in the world. They decide to move almost any kind of money. In your country you need more money than you owe. America wants to leave the prisoners as soon as possible. If Hele follows the European American, my business is going to get tasted so that we are getting a close sense. 
If you think these are difficult days, you have not seen anything yet.

 

One risk not fed

"We see the diplomatic relations between the two countries, with the US taking the visa transactions indefinitely to the Turkish citizens for an indefinite period of time, bringing serious negative market pricing in TRY in Asian transactions," said Erkan. "The liquidity, which is quite low especially because Japanese markets are closed due to official holidays, USD pair opened up spreads and USDTRY saw the "ask" price at 3.9267 at 1.15 TSİ. Today even though the stock market is open in the US, bond markets will be closed for official holidays. That is, we expect to continue the low global liquidity. The gap in TRY is between 3.62 and 3.67, we see the nearest technical support at 3.65, while we see the 3,71 and 3,76 levels as the resistance point for the day. "