USDTRY Chart News Today, Forecast, Technical Analysis

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.
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USDTRY At All-Time Highs – Where Will The Lira Find Support?

Forex

·Sep 11, 2020, 13:32 BST

The USDTRY is still pushing close to all-time highs near 7.500 as the Turkish Lira struggles to find support. The Lira has been under pressure after inflation was seen at 11.7% in August. Please sign in for full analysis.

USDTRY Looks Unstoppable! Moody’s Warns On Balance of Payment Crisis

Forex

·Sep 14, 2020, 14:06 BST

USDTRY consolidates close to record highs as it remains the only currency that is devaluating against the USD despite the greenback weakness.

USDTRY: No End In Sight For Turkish Lira Plunge

Forex

·Sep 18, 2020, 07:10 BST

The Turkish lira can’t stop falling. The USDTRY rose to a record high yesterday in reaction to a new government...

Morning Brief: Dow Jones Retreats as DAX Index and Nikkei 225 Creeps Back Up

Forex Indices Market Brief

·Sep 18, 2020, 07:52 BST

US stocks declined yesterday as traders reacted to the FOMC decision and the weak economic numbers from the US. The...

USDTRY Drops on Surprise 200 bps Turkish Bank Rate Hike

Forex

·Sep 24, 2020, 13:17 BST

The U.S. dollar dropped against the Turkish Lira today after a surprise 200 basis point rate increase by the CBRT....

USDTRY Stop For Breath Below the Record Highs

Forex

·Sep 30, 2020, 16:02 BST

USDTRY retreat today from record highs that hit yesterday amid the rising tensions in the disputed Nagorno Karabagh region between the Armenia and Azerbaijan.