Turkish lira extends gains against the dollar, up 4% now - ConsultFX

Turkish lira extends gains against the dollar, up 4% now

Sellers are now in near-term control ForexLive It's the third straight day of declines for USD/TRY as further short covering in the lira continues to take place. Sharp spikes tend to produce sharp retracements and this is no exception. But even so, the lira is yet to pare completely its losses sustained on Friday and Monday trading