USDTRY Chart News Today, Forecast, Technical Analysis

USDTRY

In this section, you will find important USDTRY news, actionable trading ideas, and a live USDTRY chart to help you understand how the Turkish Lira trades vs. the US Dollar.

USDTRY is the ticker symbol in FX markets that represents how many Turkish liras you can buy with one US dollar. The factors that affect USDTRY are the interest rates, the GDP growth, inflation, unemployment rates, balance of payments and other macroeconomic figures. The US Federal Reserve Bank and Central Bank of the Republic of Turkey are the two institutions that USDTRY traders follow in order to get an idea about the future moves of the pair. The new Turkish lira was introduced in 2005 following a massive devaluation of the previous lira value. USDTRY is a high volatility pair and price gaps happen very often as the Turkish economy is fragile.
Live USDTRY Chart

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USDTRY Pushes Higher on Dovish Comments from Turkish President

Forex

·Mar 31, 2020, 13:09 BST

Dovish comments from Turkish President Recep Erdogan are weighing on the Turkish Lira this Tuesday, as the USDTRY hits one-week...

USDTRY Edges Higher As Turkish Lira Battles Recession Fears

Forex

·Apr 03, 2020, 15:00 BST

The USDTRY pair is trading higher today after new analyses by economists predict that the Turkish economy is in danger...

USDTRY Rises to 18-Month Highs As Coronavirus Spreads in Turkey

Forex

·Apr 06, 2020, 12:49 BST

The Turkish Lira came under renewed pressure this Monday as the USDTRY surged to 18-month highs on the back of...

USDTRY Retreat From Two-Year Highs Amid USD Weakness

Forex

·Apr 07, 2020, 15:46 BST

USDTRY retreat today from two-year highs amid US Dollar weakness across the board. The Turkish lira hit the lowest level since the lira crisis in 2018

USDTRY Hits 18-Month Highs As Coronavirus Spreads Rapidly in Turkey

Forex

·Apr 08, 2020, 14:11 BST

The USDTRY has hit 18-month highs this Wednesday after yesterday’s pullback, on the report that Turkey now has the fastest...

USDTRY Makes Fresh Two-Year Highs On Risk Aversion

Forex

·Apr 15, 2020, 15:36 BST

USDTRY hits levels that we haven’t seen since August 2018 as risk aversion returns to markets. Weak economic data from the U.S. shift investors attention to safe-haven assets.

USDTRY At Penultimate Peak As Coronavirus Strains Turkish Economy

Forex

·Apr 16, 2020, 14:45 BST

The USDTRY spiked to its 2nd highest levels ever after renewed fears regarding the impact of the coronavirus pandemic on...

USDTRY Close to Two Year Highs as Coronavirus Spread in Turkey

Forex

·Apr 20, 2020, 12:02 BST

USDTRY continues its trip to 2018 highs as Turkey has now surpassed China as the country with most coronavirus infections outside the U.S. Turkey reported today 86,000 confirmed cases with 2015 deaths.

USDTRY Spikes As Turkey Extends Lockdowns; CBRT Decision in Focus

Forex

·Apr 21, 2020, 13:23 BST

The USDTRY continues to extend its gains this Tuesday as President Recep Erdogan announced an extension of lockdowns that were...

USDTRY Steady After Turkish Central Bank Slashes Rates Again

Forex

·Apr 22, 2020, 12:34 BST

The USDTRY pair spiked as investors reacted to the interest rates decision by the Turkish central bank and the surging...

USDTRY Bulls Cling to 7.00 Mark

Forex

·Apr 24, 2020, 15:59 BST

USDTRY consolidates at two-year highs after the central bank of Turkey cut the interest rates by 100 basis points to 8.75% for the eighth time in less than a year, in an attempt to combat the coronavirus impact on the economy.

USDTRY Bulls Getting Closer To 7.00 Mark

Forex

·Apr 28, 2020, 16:40 BST

USDTRY trades higher for the second day as the consolidation phase at two-year highs continues just shy of the 7.00...

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