The USDTRY has stalled at the 8.50 level as uncertainty over the U.S. election continues. The media claims Joe Biden...
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 USDTRY price is up by 0.70% today, pushing the Turkish lira to the lowest level on record. The pair...
The USDTRY slid 1% to a fresh record low of 8.30 versus the U.S. dollar after the Turkish central raised...
The Central Bank of the Republic of Turkey (CBRT) stood pat in today’s interest rate decision, leaving interest rates unchanged...
Turkey’s involvement in the escalating Azerbaijan-Armenian conflict weighs heavily on the Lira, as the Turkish currency looks set to clock...
The USDTRY uptrend is under pressure despite the ongoing tensions between Azerbaijan and Armenia. French President Macron warned Turkey against...
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USDTRY retreat today from record highs that hit yesterday amid the rising tensions in the disputed Nagorno Karabagh region between the Armenia and Azerbaijan.
The U.S. dollar dropped against the Turkish Lira today after a surprise 200 basis point rate increase by the CBRT....
US stocks declined yesterday as traders reacted to the FOMC decision and the weak economic numbers from the US. The...