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 Rallies on Expectations of Higher Interest Rates

Forex

·Nov 09, 2020, 09:02 GMT

The USDTRY jumped 2.3% on Monday after a leadership reshuffle that traders hope will lead to higher interest rates for...

USDTRY: CBRT Governor Murat Uysal Sacked…

Forex

·Nov 08, 2020, 16:38 GMT

News flash: Turkey’s President, Recep Erdogan has reportedly fired Central Bank of Republic Governor Murat Uysal, barely 15 months into...

USDTRY: Dollar Rally Pauses at 8.50 – Will the CBRT Hike Rates Soon?

Forex

·Nov 05, 2020, 13:27 GMT

The USDTRY has stalled at the 8.50 level as uncertainty over the U.S. election continues. The media claims Joe Biden...

USDTRY: Is The Turkish Lira Becoming Worthless?

Forex

·Nov 03, 2020, 11:11 GMT

The USDTRY price is up by 0.70% today, pushing the Turkish lira to the lowest level on record. The pair...

USDTRY: Lira Hits Record Low as CBRT Raises Inflation Target

Forex

·Oct 28, 2020, 13:36 GMT

The USDTRY slid 1% to a fresh record low of 8.30 versus the U.S. dollar after the Turkish central raised...

USDTRY Retests All-Time Highs As CBRT Holds Interest Rates

Forex

·Oct 22, 2020, 18:48 BST

The Central Bank of the Republic of Turkey (CBRT) stood pat in today’s interest rate decision, leaving interest rates unchanged...

USDTRY Set to Clear 8.0000 Mark As Geopolitical Risks Escalate

Forex

·Oct 08, 2020, 17:26 BST

Turkey’s involvement in the escalating Azerbaijan-Armenian conflict weighs heavily on the Lira, as the Turkish currency looks set to clock...

Turkish Lira Could Gain Despite Ongoing War Tensions

Forex

·Oct 02, 2020, 12:14 BST

The USDTRY uptrend is under pressure despite the ongoing tensions between Azerbaijan and Armenia. French President Macron warned Turkey against...

USDTRY Rises in Classic Playbook of Contrasting Fundamentals

Forex

·Oct 01, 2020, 14:58 BST

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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.