07.02.2025 11:20
The dollar/TL started the day trading at a level of 35.9760, showing an upward trend. The dollar index, which is moving 0.2% above the previous closing, reached a level of 107.8. The employment report data to be released today in the U.S. will be important for investors.
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The dollar/TL is trading at 35.9760 after starting the day with an increase. Yesterday, the dollar/TL, which moved in an upward trend, closed the day at 35.8890, 0.1% above the previous close.
As of 10:05 AM, the dollar/TL is trading at 35.9760, 0.2% above the previous close. At the same time, the euro/TL is trading at 37.3680, down 0.1%, and the pound/TL is also down 0.1% at 44.7190. The dollar index is currently up 0.1% at 107.8.
EYES ON THE CRITICAL DATA FROM THE US
While concerns about additional tariffs from the US have somewhat eased, attention has turned to the employment report data to be released today in the US. Analysts noted that signals from the employment report, which is important for the US Federal Reserve's (Fed) policy-making, could provide insights into the bank's projections. Today, analysts stated that the inflation report domestically and a busy data agenda abroad, including non-farm payrolls in the US, will be closely monitored, adding that technically, the 107.5 level is seen as resistance and the 108.5 level as support for the dollar index.
NOTE: The content in this news is not investment advice.
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