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Tag: Turkiye

USD/TRY prepares to take the 18.00 level… again

USD/TRY prepares to take the 18.00 level… again USD/TRY prepares to take the 18.00 level… again

USD/TRY adds to Monday’s gains near the 18.00 mark. The lira is down more than 25% so far this year. Türkiye’s unemployment rate will be next on the agenda. the turkish lira depreciates for the second consecutive session and encourages the USD/TRY to flirt with the key barrier of 18.00 on Tuesday. USD/TRY remains centered […]

USD/TRY extends swing trade, remains below 18.00 area

USD/TRY extends swing trade, remains below 18.00 area USD/TRY extends swing trade, remains below 18.00 area

USD/TRY posts decent gains just below 18.00. The pair is expected to remain cautious ahead of the US NFPs. The CBRT expects inflation to reach 90% before relaxing. Turkish lira trims Wednesday gains and resumes downtrend, pushing up the USD/TRY down to the 17.97 level on Thursday. USD/TRY remains capped by the 18.00 zone USD/TRY […]

USD/TRY: Breaking above the 18.00 level remains a distinct possibility

USD/TRY: Breaking above the 18.00 level remains a distinct possibility USD/TRY extends swing trade, remains below 18.00 area

USD/TRY makes new 2022 highs just below 18.00. Türkiye inflation extended the rise in July to 79.60% annual. Producer prices were also on the strong side in July. the turkish lira extends the weekly depreciation against the USD and raises the USD/TRY to new all-time highs around 17.97 on Wednesday. USD/TRY rises on July’s high […]

USD/TRY is at a new yearly high near 18.00

USD/TRY is at a new yearly high near 18.00 USD/TRY is at a new yearly high near 18.00

USD/TRY resumes gains and approaches 18.00. Renewed buying interest in the dollar lifts the pair. Investors’ attention shifts to the July CPI release on Wednesday. the turkish lira resumes its depreciation and raises the USD/TRY to new 2022 highs, approaching the 6:00 p.m. barrier on Tuesday. USD/TRY is now pending the results of the IPC […]