USDTRY resumes the uptrend today after three straight trading session of loses, after disappointing GDP figure from Turkey.
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 USD/TRY price has moved sideways in the past few days. USD to TRY exchange rate was trading at 17.94...
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 USD/TRY hit new record highs this Wednesday after President Recep Erdogan of Turkey hinted at future rate cuts. The...
USDTRY is under selling pressure today giving up 0.51 percent at 5.7608. Macro data from USA yesterday disappointed USD investors...
The Turkish Lira slumped in early Monday trading, as Turkish President Recep Erdogan removed the erstwhile Governor of the Turkish...
The USD/TRY price soared to an all-time high after a fiery speech by President Erdogan. The pair jumped to a...
The USD/TRY is presently trading with muted volumes, and rightly so. Thursday brings the latest consignment of the interest rate...
The USD/TRY price surged to the highest level since December amid a severe divergence between the Federal Reserve and the...
USD/TRY is on a bearish consolidation pattern ahead of the CRBT one-week repo rate decision. On Monday, TURKSTAT released lower-than-expected...