Worsening inflation in Turkey has put the Lira under pressure, putting the USD/TRY on course to retest the record highs...
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 retreated sharply this week after the government unveiled new measures to boost the currency. The USD to...
The GBP/TRY price remained stable after the latest interest rate decision by the CBRT and ahead of the upcoming UK...
The USD/TRY resumes its slow push towards the previous all-time high levels, adding 0.16% on the day ahead of tomorrow’s...
In this article, we look at what to expect before and after the release of the Fed interest rate decision.
The USD/TRY pair retreated slightly in the overnight session as investors waited for the latest interest rate decision by the...
The USD/TRY price retreated to the lowest level since January 4th as investors reacted to the latest US inflation data....
The Turkish Lira resumed its fall against the US Dollar after the latest inflation data showed that consumer inflation had...
The USD/TRY price crashed sharply on Tuesday as the Turkish government unveiled an “effective rate hike.” The Turkish lira roared...
Having fallen steeply against the greenback with the USD/TRY touching off the 18.00 price mark, the Lira was badly in...