#USDTRY #EURTRY #GBPTRY Updates

Updates concerning the posts:

http://fxrambler.blogspot.gr/2017/12/usdtry-current-medium-and-long-term.html

http://fxrambler.blogspot.gr/2017/12/eurtry.html

http://fxrambler.blogspot.gr/2017/12/gbptry-current-medium-and-long-term.html

Update 14/12/2017
Researchers expressed the following arguments: 
Growth is driven by cheap credit.  Ways for new stimulus programs have been exhausted.
Rolling over the countries debt might become a serious issue if core market yields rise.

Both valid arguments.

Inflation is at 13%.  and as a result real rate at the moment is negative.
Why such a modest rise today?
Seeing #TRY stabilizing the last weeks and getting marginally stronger, not getting hammered by #USD yesterday when FED raised rates, and the data that came out lately could be factors of influence in the decision to postpone a descent rate hike. 
However, the main factor could have been politics once more.  Economically speaking, it is the consensus among researchers and in the markets as well that a hike is inevitable. 
Politics are and will continue to be a negative factor for investors, the market, and #TRY. 

Pressure on #TRY will probably rise after today.