My goodness, the Turkish lira is tanking, in part thanks to that Trump tweet.
To be fair, it’s not being doing very well the past few days already, but the Trump tweet sent it down even further, well on the way to forcing a currency crisis. It’s almost like he’s kicking Turkey while they’re down, just because he can.
Hold on to your hats!
Turkish lira 19% down Vs USD on the day at the US open.— Richard Griffiths (@InvestStratWire) August 10, 2018
Lira is down 46% against the dollar in the past 52 weeks. It gets worst faster than I can update the chart. pic.twitter.com/0fcO6luOAi
— Chartgirl (@pat_minczeski) August 10, 2018