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    • jeffmichaels replied Jun 6, 2014

      Few news items combined. Turkey talking of more cuts after the first one. I think we were all pretty sure of seeing at least 2.13 this week even without this news so unexpected reaction here. South African CB governor had statement today "not sure ...

      USD/TRY
    • jeffmichaels replied Jun 6, 2014

      Looking at the daily I think it could be another good leg down. I was looking at their foreign exchnage reserves although I´m not sure how to add that into analysis, I know when pound was breaking apart BOE spent a whole lot of their reserves to ...

      USD/TRY
    • jeffmichaels replied Jun 6, 2014

      Pa has been baffling indeed. I was short from yesterday, on which i just took partials. I'm seeing more downside on the pair for at least today maybe even a good day down to the 2.077 level. On USDZAR same story, short from yesterday & took ...

      USD/TRY
    • jeffmichaels replied May 29, 2014

      Yeah cleaning up my mess from yesterday, was still holding longs from 2.1030 ish, hedged them on the spike down. Same on ZAR.... grrr Think the lows maybe be in for today, but there could be a retest of the lows before moving back up, which is still ...

      USD/TRY