The Turkish Lira gained strength for the 3rd straight session after the Central Bank of the Republic of Turkey (CBRT)...
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 is a little changed ahead of the Turkish Central Bank (CBRT) interest rate decision set for 11:0 GMT....
The USD/TRY is falling for the second consecutive day ahead of the final CBRT interest rate decision. The weaker US...
USDTRY is lower for a third straight day but the pair is looking to secure a low after France prepared to pursue sanctions against the country. France are expected to propose the measures next month, alongside Greece and Cyprus but have been unable to get the backing of other EU governments.
The USDTRY has soared in the last two weeks with the Lira gaining 12% against the greenback on interest rate...
The CBRT raises interest rates by 475 bps. Sign up to find out how the USDTRY responded.
How would a 500 bps rate hike by the CBRT affect the Lira? Sign up to find out more.
The USDTRY jumped 2.3% on Monday after a leadership reshuffle that traders hope will lead to higher interest rates for...
News flash: Turkey’s President, Recep Erdogan has reportedly fired Central Bank of Republic Governor Murat Uysal, barely 15 months into...
The USDTRY has stalled at the 8.50 level as uncertainty over the U.S. election continues. The media claims Joe Biden...