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
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
USDTRY Chart by TradingView
The USDTRY spiked to its 2nd highest levels ever after renewed fears regarding the impact of the coronavirus pandemic on...
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.
The USDTRY has hit 18-month highs this Wednesday after yesterday’s pullback, on the report that Turkey now has the fastest...
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
The Turkish Lira came under renewed pressure this Monday as the USDTRY surged to 18-month highs on the back of...
The USDTRY pair is trading higher today after new analyses by economists predict that the Turkish economy is in danger...
Dovish comments from Turkish President Recep Erdogan are weighing on the Turkish Lira this Tuesday, as the USDTRY hits one-week...
USDTRY reverse early losses after stronger than expected US Durable Goods Orders data for February. Durable Goods Orders increased by...
USDTRY trades higher for the ninth session out of the last ten in a rally that drove the price to...