USD/TRY is on a bearish consolidation pattern ahead of the Turkish retail sales. In the prior release, TURKSTAT indicated that...
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 exchange rate has been in a tight range in the past few months despite major market news. It...
USD/TRY has been a massive disappointment this year. Turkish Lira has lost 57% of its value against the dollar since...
USD/TRY exchange rate has seen a massive surge since last month’s Turkish elections. Just in the last 3 weeks, Turkish...
USD/TRY is once again on the rise as the pair shrugs off the aggressive rate hikes. After a sharp decline...
The USD/TRY exchange rate is hovering near its all-time high of 19.33 despite a small decline of inflation in Turkey....
The USD/TRY exchange rate remained in a consolidation ahead of the upcoming CBRT interest rate decision. It was trading at...
USD/TRY is on a consolidation pattern ahead of the Turkish retail sales. Investors will be keen on whether the released...
USD/TRY is trading lower early on Monday ahead of Turkey’s inflation data. The numbers come at a time when President...
USD/TRY has been range-bound since the beginning of April. The pair’s price movement has largely been influenced by the US...