26.06.2025 10:51
The fluctuations in the markets have accelerated the upward movement of exchange rates. The depreciation of the dollar against other currencies and concerns about the U.S. economy have caused the euro to rise to as high as 46.73. The euro/dollar exchange rate increased to 1.1717, reaching a four-year high.
The dollar is losing value in global markets. Predictions that the dollar index will also decline in the next 12 months have started to be published by major banks.
INTEREST RATE EXPECTATIONS ARE BEING PRICED IN BY MARKETS
The troubled days of the US economy are preventing the dollar from gaining momentum. Expectations that the Fed will not lower interest rates by the end of the year are being priced in by the markets.
REACHED A 4-YEAR HIGH
The euro continues to test the highest levels against the dollar since 2021. The euro/dollar exchange rate rose to 1.1717, reaching a 4-year high.
HISTORICAL RECORD
The euro/TL exchange rate has also reached a historical high of 46.7331, and as of 10:20 today, it is trading at around 46.70.