Close AUDUSD recommendation EURPLN reached stop-profit

Turkey: The CBRT lowered its rate by more than expected – TRY weakened and then strengthened again. We were ‘suspicious’ of the Turkish central bank already yesterday, and that was the very reason why we issued the very short-term recommendation to buy a 1-day EURTRY call option. But, but, but … later on Moody’s upgraded Turkey’s rating by a notch to Baa3. You cannot blame us for thinking that the time of announcement was not that ‘coincidental’ – somebody had extremely bad positions. Our

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Close AUDUSD recommendation EURPLN reached stop-profit

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