The drop in the Turkish lira continued very early on Monday after the weekend
Of course that was at a time of extremely low liquidity
I hesitate to call this a time of better liquidity for the TRY. It is but only by a little. And even when Turkish banks come into the market during the morning in the country liquidity provision is still going to be scarce indeed.
After all that preamble, TRY is back sliding again:
AUD, AUD (for example, both off their retrace highs now too)
