The USD/TRY has gone nowhere in the past few weeks despite important market developments. It is still stuck at 19, which is a few points below the year-to-date high of 19.31. The pair’s price action h...
Tag: USDTRY
USD/TRY Forecast: USD to lira outlook as inflation surges
The Turkish lira continued its bearish trend on Monday after the latest consumer inflation data. The USD/TRY price jumped to a high of 16.82, which is the highest it has been since June 27th of this y...
USD/TRY forecast and the CBRT interest rate decision preview
The Turkish lira continued its downward trend ahead of the upcoming interest rates by the Central Bank of the Republic of Turkey. The USD/TRY pair rose to a high of 16.36, which was the highest level ...
USD/TRY prediction: CBRT rate decision preview
The USD/TRY price is in a tight range ahead of this week’s Central Bank of the Republic of Turkey (CBRT) interest rate decision. The Turkish lira is trading at 14.60 against the US dollar, where it ha...
USD/TRY forms a rising wedge ahead of CBRT decision
The USD/TRY pair went sideways after the relatively strong Turkish retail sales data. It is trading at 14.68, where it has been in the past few days. This price is about 20% below its all-time high an...
3 forex pairs to trade this week: USD/TRY, AUD/USD, USD/INR
The forex market is expected to be a bit muted this week as investors reflect on the US non-farm payrolls (NFP) data and the ongoing crisis in Ukraine. Still, some currency pairs will be in the spotli...
USD/TRY signal and the CBRT interest rate decision preview
The USD/TRY pair has been in a bullish trend in the past few weeks as demand for the Turkish lira fades. The pair is trading at 14.68, which is about 43% above the lowest level this year. It is slight...
USD/TRY prediction ahead of the CBRT interest rate decision
The USD/TRY price is moving sideways as investors wait for the upcoming interest rate decision by the Central Bank of the Republic of Turkey (CBRT). It is trading at 13.60, where it has been in the pa...
USD/TRY forecast after the strong Turkish retail sales data
The USD/TRY price rose moderately after the latest Turkish retail sales numbers. The pair rose to a high of 13.60, which is slightly above Wednesday’s low of 13.00. Turkey retail sales data The Turkis...