Today
+0.07%
5 Days
+0.10%
1 Month
+1.14%
6 Months
+12.79%
Year to Date
+18.66%
1 Year
+21.60%
Opening Price
41.20696Previous Closing Price
41.19761The 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.
The configuration is positive.
below 41.2827, expect 41.2381 and 41.2116.
the upside prevails as long as 41.2827 is support
Turkey Current Account Balance above forecasts ($1.6B) in July: Actual ($1.77B)
Turkey’s central bank (CBT) is nearly unanimously expected to cut its 1-week repo rate by 200bp from 43% to 41% at today’s meeting; there are some outside bets for an even larger cut.
Turkey’s central bank is expected to deliver another aggressive rate cut today, with inflation easing sharply and the disinflation trend gaining traction. Markets anticipate a 200bps move to 41.00%, while pricing in a total of 600bps of easing over the next quarter, BBH FX analysts report.
Turkish inflation momentum is not recording noticeable deceleration any longer, except in (misleading) year-on-year comparison, Commerzbank's FX analyst Tatha Ghose notes.
Turkey Consumer Price Index (MoM) above forecasts (1.79%) in August: Actual (2.04%)
Turkey Consumer Price Index (YoY) above expectations (32.6%) in August: Actual (32.95%)
