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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USD/TRY: After Hitting a New Record High, Where to Next?

Forex

·Jun 03, 2021, 05:52 BST

USD/TRY has eased after Turkey’s President Erdogan made remarks that pushed the pair to its all-time high on Tuesday. Late...

USDTRY Hits New Record High As Erdogan Hints At More CBRT Rate Cuts

Forex

·Jun 02, 2021, 17:01 BST

The USD/TRY hit new record highs this Wednesday after President Recep Erdogan of Turkey hinted at future rate cuts. The...

USD/TRY Forecast Ahead of Turkish GDP Numbers

Forex

·May 31, 2021, 05:46 BST

USD/TRY has eased ahead of the Turkish GDP data on Monday. Analysts expect the country’s economy to have expanded by...

USD/TRY Seems to be on the Cusp of a Major Bullish Breakout

Cryptocurrencies

·May 26, 2021, 07:53 BST

The USD/TRY price is little changed today even after Recep Erdogan changed the composition of the Central Bank of the...

USD/TRY Forecast Ahead of the Turkish Retail Sales

Forex

·May 11, 2021, 07:19 BST

USD/TRY is on a consolidation pattern ahead of the Turkish retail sales. Investors will be keen on whether the released...

USD/TRY: Implications of the CRBT Rate Decision

Forex

·May 06, 2021, 09:13 BST

USD/TRY is on a bearish consolidation pattern ahead of the CRBT one-week repo rate decision. On Monday, TURKSTAT released lower-than-expected...

USD/TRY Forecast Ahead of Turkey’s Inflation Data

Forex

·May 03, 2021, 04:43 BST

USD/TRY is trading lower early on Monday ahead of Turkey’s inflation data. The numbers come at a time when President...

USD/TRY: Will Current Tensions Revive 2018 Lira Crisis?

Forex

·Apr 26, 2021, 04:45 BST

USD/TRY is at its highest level this month. The market is reacting to President Biden’s announcement and comments by central...

USD/TRY Gains Modestly As CBRT Keeps 1-Week Repo Rate Steady

Forex

·Apr 15, 2021, 14:58 BST

The Central Bank of the Republic of Turkey (CBRT) held interest rates at 19.00%, in the first meeting presided over...

USD/TRY Forecast Ahead of Turkish Central Bank Interest Rate Decision

Forex

·Apr 12, 2021, 08:37 BST

USD/TRY has been range-bound since the beginning of April. The pair’s price movement has largely been influenced by the US...

USD/TRY Clears 8.0000 in Potential Push to New All-time Highs

Forex

·Mar 26, 2021, 16:01 GMT

It has been the end of a turbulent week for the Turkish Lira, and the USD/TRY looks set to end...

USD/TRY: Societe Generale, Nordea, Analysts Weigh on Turkey Crisis

Forex

·Mar 23, 2021, 08:06 GMT

The USD/TRY is at an important support level as investors continue reacting to the recent firing of Naci Agbal as...

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