Turkish Erdogan’s Spokesman expects Lira recovery to continue

Ibrahim Kalin, a spokesman to the Turkish President Erdogan, is on the wires now, via Reuters, speaking on the Lira’s price-action in Ankara.

Key Headlines:

Expects lira recovery to continue.

Lira fluctuations are part of "perception operation".

Turkey ranks among the top in terms of banking system strength.

Turkey doesn't want an economic warfare with anyone.

Foresees normalization in the Turkish economy.

Lira developments show that Turkish measures are working.

USD/CAD sticks to daily gains near 1.3080 area, US retail sales data awaited

   •  The ongoing USD upsurge helps stall this week’s retracement slide and regain some traction.    •  Weaker crude oil prices undermine Loonie and
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EUR/USD Technical Analysis: Next stop in the downtrend at 1.1188

EUR/USD daily chart       Daily high: 1.1351 Daily low: 1.1316 Support Levels S1: 1.1306 S2: 1.1268 S3: 1.1207 Resistance Levels R1: 1.14
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