USDTRY adds 0.40% at 5.8869 after the Turkish industrial production came in below expectations in November. Turkish industrial production rose...
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
USDTRY retreats today from seven-month highs that hit yesterday amid clouds in the Turkish economy and military actions in Syria...
USDTRY trading close to two-month highs as Turkish lira weakness continues after the U.S. Congress approved a bill banned Turkey...
USDTRY hit two-month highs as the pressure to Turkish lira continues after the central bank of Turkey (CBRT) the previous...
USDTRY trades almost unchanged after a sharp drop and rebounds as the central bank of Turkey cut the benchmark rates...
USDTRY is holding on to support at last week’s lows at the wake of Turkish GDP numbers. The currency pair...
USDTRY retreats after four consecutive positive sessions. USDTRY gives up 0.26% at 5.7635 halting the rebound from four-week lows. President...
The Turkish lira is under selling pressure for the third consecutive session despite Turkey’s Manufacturing Confidence rose to 102 from previous 100.9
Turkish lira continues higher for the fifth consecutive session as USDTRY gives up 0.53% at 5.7090 hitting fresh three week lows.
USDTRY gives up 0.21% at 5.7326 registering loses for fourth consecutive trading session. The Unemployment rate in Turkey increased to 14.0% in August from 11.1% in the same month of the previous year. It was the highest jobless reading since March. Turkey's inflation rate dropped to 8.55% in October from 9.26% in September. That was the lowest reading since December 2016. Turkish Exports climbed from previous $14.44B to $15.66B in October supported by weaker Turkish lira.