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: What next for the Turkish Lira?

Forex

·Mar 22, 2021, 06:49 GMT

USD/TRY began the week at its highest level since November 2020. The pair hit a high of about 8.50 before...

CBRT Hikes 1-Week Repo Rate by 200 Basis Points; USD/TRY Targets 7.26

Forex

·Mar 18, 2021, 12:32 GMT

The Central Bank of the Republic of Turkey (CBRT) has raised its 1-week repo rate to 19.00%. The 200 basis...

USD/TRY Resumes Downside As CBRT Leaves Interest Rate Unchanged At 17.00%

Forex

·Feb 18, 2021, 14:10 GMT

The Central Bank of the Republic of Turkey (CBRT) has left its key interest rate unchanged. The CBRT retains the...

USDTRY: Lira Gains for 6th Straight Day Ahead of CBRT Decision

Forex

·Feb 16, 2021, 13:02 GMT

The Lira continues to extend its gains against the US Dollar, as cheap investment dollars now seeks emerging market currencies...

USDTRY Could Be Set for Big Move Lower As Turkey’s Manufacturing Confidence Rises

Forex

·Jan 25, 2021, 09:32 GMT

The Turkish Lira has gained a modest 0.1% in its pairing with the US Dollar, after data released late Friday...

USDTRY: 7.26 Beckons As Pair Sells Off Following CBRT Decision

Forex

·Jan 21, 2021, 13:29 GMT

The Turkish Lira gained strength for the 3rd straight session after the Central Bank of the Republic of Turkey (CBRT)...

USD/TRY Forecast: Key Levels to Watch After CBRT Rate Decision

Forex

·Jan 21, 2021, 05:43 GMT

The USD/TRY is a little changed ahead of the Turkish Central Bank (CBRT) interest rate decision set for 11:0 GMT....

CBRT Interest Rate Preview: Implications for the USD/TRY

Forex

·Dec 24, 2020, 07:50 GMT

The USD/TRY is falling for the second consecutive day ahead of the final CBRT interest rate decision. The weaker US...

USDTRY Attempts a Rebound as France Pushes Turkey Sanctions

Forex

·Nov 27, 2020, 13:07 GMT

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.