USDTRY

USD/TRY Forecast Ahead of the Turkish Retail Sales

USD/TRY is on a consolidation pattern ahead of the Turkish retail sales. Investors will be keen on whether the released…

May 11, 2021, 07:19 BST

USD/TRY: Implications of the CRBT Rate Decision

USD/TRY is on a bearish consolidation pattern ahead of the CRBT one-week repo rate decision. On Monday, TURKSTAT released lower-than-expected…

May 06, 2021, 09:13 BST

USD/TRY Forecast Ahead of Turkey’s Inflation Data

USD/TRY is trading lower early on Monday ahead of Turkey’s inflation data. The numbers come at a time when President…

May 03, 2021, 04:43 BST

USD/TRY: Will Current Tensions Revive 2018 Lira Crisis?

USD/TRY is at its highest level this month. The market is reacting to President Biden’s announcement and comments by central…

Apr 26, 2021, 04:45 BST

USD/TRY Gains Modestly As CBRT Keeps 1-Week Repo Rate Steady

The Central Bank of the Republic of Turkey (CBRT) held interest rates at 19.00%, in the first meeting presided over…

Apr 15, 2021, 14:58 BST

USD/TRY Forecast Ahead of Turkish Central Bank Interest Rate Decision

USD/TRY has been range-bound since the beginning of April. The pair’s price movement has largely been influenced by the US…

Apr 12, 2021, 08:37 BST

USD/TRY Clears 8.0000 in Potential Push to New All-time Highs

It has been the end of a turbulent week for the Turkish Lira, and the USD/TRY looks set to end…

Mar 26, 2021, 16:01 GMT

USD/TRY: Societe Generale, Nordea, Analysts Weigh on Turkey Crisis

The USD/TRY is at an important support level as investors continue reacting to the recent firing of Naci Agbal as…

Mar 23, 2021, 08:06 GMT

USD/TRY: What next for the Turkish Lira?

USD/TRY began the week at its highest level since November 2020. The pair hit a high of about 8.50 before…

Mar 22, 2021, 06:49 GMT

CBRT Hikes 1-Week Repo Rate by 200 Basis Points; USD/TRY Targets 7.26

The Central Bank of the Republic of Turkey (CBRT) has raised its 1-week repo rate to 19.00%. The 200 basis…

Mar 18, 2021, 12:32 GMT

USD/TRY Resumes Downside As CBRT Leaves Interest Rate Unchanged At 17.00%

The Central Bank of the Republic of Turkey (CBRT) has left its key interest rate unchanged.  The CBRT retains the…

Feb 18, 2021, 14:10 GMT

USDTRY: Lira Gains for 6th Straight Day Ahead of CBRT Decision

The Lira continues to extend its gains against the US Dollar, as cheap investment dollars now seeks emerging market currencies…

Feb 16, 2021, 13:02 GMT