USD/TRY: pair in correction

Forex analytics: Current trendLast week the pair grew by more than 1000 points. The pair was supported in the end of the week by strong labour market data from the US that came out significantly better than forecasts.Since the beginning of this week, the price is in a downward correction. Pair’s decline is happening alongside USD weakening in pairs with commodity currencies, such as NZD, AUD and CAD. ...