USD/TRY
USD/TRY33.99758TRY
Today
+0.28%
1 Week
+0.27%
1 Month
+1.12%
6 Months
+5.76%
Year to Date
+17.95%
1 Year
+29.12%
Key Data Points
Opening Price
33.96637Previous Closing Price
33.90231USD/TRY Trading Strategy
Trading Strategy
The MACD is below its signal line and negative.
Alternative scenario
above 34.0728, look for 34.1400 and 34.1800.
Comment
the downside prevails as long as 34.0728 is resistance.
USD/TRY News
Turkey Current Account Balance came in at $0.566B, above forecasts ($0.55B) in July
Turkey Current Account Balance came in at $0.566B, above forecasts ($0.55B) in July
Turkey: Inflation data for August – Commerzbank
At 2.47% month-on-month, consumer price inflation in Turkey was slightly above the median of analysts' expectations (2.29%).
Turkey Consumer Price Index (MoM) below expectations (2.64%) in August: Actual (2.47%)
Turkey Consumer Price Index (MoM) below expectations (2.64%) in August: Actual (2.47%)
Turkey Consumer Price Index (YoY) came in at 51.97%, below expectations (52.2%) in August
Turkey Consumer Price Index (YoY) came in at 51.97%, below expectations (52.2%) in August
Turkey Economic Confidence Index dipped from previous 94.4 to 93.1 in August
Turkey Economic Confidence Index dipped from previous 94.4 to 93.1 in August
TRY: Bad news again – Commerzbank
Turkish policymakers are waiting for some much-needed decline in inflation to back their claim that inflation is moderating through H2 2024.
