Tag: USDTRY
Turkish lira collapses on high inflation as USD/TRY hits 31.5000
USD/TRY gained on inflation data
The USD/TRY currency pair appreciated by 0.59% on Monday, setting new all-time highs above the 31.5000 mark. This si [...]
Any let up in FX interventions by CBT and banks could be followed by explosive moves – Commerzbank
Turkish Lira opens already notably weaker. Economists at Commerzbank analyze USD/TRY outlook.
Perhaps the FX market is getting ready for the first r [...]
Turkish Lira Fell 7% This Morning as Potential Policy Shift Gains Momentum, USD/TRY Above 23.0000
USD/TRY PRICE, CHARTS AND ANALYSIS:
Trade Smarter - Sign up for the DailyFX Newsletter
Receive timely and compelling market commentary from the Dai [...]
Turkish Lira Fell 7% This Morning as Potential Policy Shift Gains Momentum, USD/TRY Above 23.0000
USD/TRY PRICE, CHARTS AND ANALYSIS:
Trade Smarter - Sign up for the DailyFX Newsletter
Receive timely and compelling market commentary from the Da [...]
USD/TRY to hit 25 by year-and and 30 by end-2024 – Commerzbank
The Turkish Lira appears to be going exponential once again. Economists at Commerzbank have revised up their USD/TRY forecast path significantly.
In [...]
Erdogan Wins Runoff Election as USD/TRY Rises Above Psychological 20.0000 Level
TURKEY RUNOFF ELECTION RESULTS, USD/TRY:
Trade Smarter - Sign up for the DailyFX Newsletter
Receive timely and compelling market commentary from th [...]
Erdogan Wins Runoff Election as USD/TRY Rises Above Psychological 20.0000 Level
TURKEY RUNOFF ELECTION RESULTS, USD/TRY:
Trade Smarter - Sign up for the DailyFX Newsletter
Receive timely and compelling market commentary from th [...]
Turkish Elections and Implications for the Lira as USD/TRY Eyes Fresh Highs
TURKEY ELECTIONS AND USD/TRY UPDATE:
Recommended by Zain Vawda
Get Your Free USD Forecast
READ MORE: Breaking News: UK E [...]
Dollar Advance and Uneven Risk Trends Amplify USDMXN, USDHKD, USDINR and USDTRY
Dollar, Emerging Markets, Peso, Hong Kong Dollar, Lira and Rupee Talking Points:The Market Perspective: USDHKD Range Bound Below 7.8500The charge in r [...]
Dollar Advance and Uneven Risk Trends Amplify USDMXN, USDHKD, USDINR and USDTRY
Dollar, Emerging Markets, Peso, Hong Kong Dollar, Lira and Rupee Talking Points:The Market Perspective: USDHKD Range Bound Below 7.8500The charge in r [...]
US CPI Smashes Estimates Placing USD/ZAR, USD/TRY Under Pressure
USD/ZAR, USD/TRY Talking Points:Has a hot US CPI print Solidified Another 75b/p Rate Hike?Persistent inflation has jeopardized the demand for EM (eme [...]
Turkish Lira Currency Crisis Deepens as USD/TRY, EUR/TRY Eye New Highs
Turkish Lira Outlook:Turkish inflation rose by +73.5% y/y in May, boosted by surging food and energy prices in the wake of the Russian invasion of Uk [...]
USD/TRY, EUR/TRY Restart Climb After Intervention
Turkish Lira Outlook:Aggressive intervention efforts last week saw the Turkish Lira gain +50% in a matter of days. However, the Lira still remains [...]
Turkey rolled out FX deposit guarantees after crossing the ‘red line’ at USD/TRY 18.00
Reuters reports that Turkey first started thinking about an FX deposit guarantee scheme in 2018 but decided it was too risky. With the currency in [...]
Turkish Lira Eyes Best Week in 40 Years, USD/TRY Rapidly Sinks in Illiquid Conditions
Turkish Lira, USD/TRY – Market AlertTurkish Lira suddenly appreciates during illiquid year-end conditions TRY is aiming for the best week in almos [...]