• The Turkish Lira rallied to a 1-month peak, supported by hopes the government will be able to secure foreign funding amid the coronavirus pandemic.
   
• The bid tone around the Turkish currency improved on a report that the government held talks with counterparts in Tokyo, London and elsewhere over new possible foreign funding.
   
• Istanbul’s main share index was up 1.5 percent after prices were confirmed for expected capital injections at state banks, whose shares surged. 
   
• USD/TRY is trading 0.5 percent down at 6.8626, having hit a low of 6.8295 earlier, its lowest since April 17. 
   
• Immediate resistance is located at 6.9112, any close above could take it above 6.9285.
   
• On the downside, support is seen at 6.8208 and break below could take it near 6.7960.