Lira Collapse Sends Shockwaves Through Markets

The collapse in the Turkish Lira has sent shock-waves through financial markets, with risk coming off in a big way as a result. The market is back to thinking about systemic risk and contagion, and the US Dollar has found yet another wave of demand on account of its safety status.
Performance v. US dollar since weekly open
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LMAX Group Research Desk
LMAX Group
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