EUR/TRY
EURTRY43.2017TRY
Today
+0.15%
5 Days
+4.08%
1 Month
+8.47%
6 Months
+15.76%
Year to Date
+18.73%
1 Year
+25.70%
Key Data Points
Opening Price
43.0849Previous Closing Price
43.1344Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
EUR/TRY Trading Strategy
Trading Strategy
Alternative scenario: the downside breakout of 42.8672 would call for 42.5787 and 42.4070.
Alternative scenario
below 42.8672, expect 42.5787 and 42.4070.
Comment
rebound towards 43.7320.
EUR/TRY News
TRY: CBT continues cutting cycle while interest in FX continues unabated – ING
The central bank of Turkey will cut rates again by 250bp to 42.50% today, in line with market expectations.
TRY: Lower-than-expected inflation after the start of the cutting cycle – ING
December inflation in Turkey surprised to the downside with a drop from 47.1% to 44.4% YoY, below market expectations, ING’s FX analyst Frantisek Taborsky notes.
TRY: Unexpectedly dovish – Commerzbank
The Turkish central bank (CBT) held rates unchanged yesterday, as had been unanimously expected, but turned somewhat dovish in its language, contrary to our expectation.
TRY: No rate change today – Commerzbank
Turkey’s central bank (CBT) is scheduled to meet today for a rate decision: it is unanimously expected that the central bank will leave its key rate unchanged at 50%, Commerzbank’s FX analyst Tatha Ghose notes.
TRY: Last step before first rate cut – ING
The Central Bank of Turkey (CBT) is expected to leave rates unchanged at 50% today.
TRY: Capital flows quieten down as current-account improves – Commerzbank
The Turkish lira exchange rate has mildly depreciated against the US dollar in recent days, but not noticeably so.
More Details of EUR/TRY
