The Dollar/TL is trading at 33.0900 level.

The USD/TRY is trading at 33.0900 level after starting the day with an increase. Yesterday, the USD/TRY moved in a downward trend and ended the day at 32.9969 with a decrease of 0.16%. The USD/TRY started the new day with a gain and is currently trading at 33.0900, which is 0.28% higher than the previous closing price at 11:30. At the same time, the EUR/TRY is trading 0.26% above the previous closing price at 36.1000, and the GBP/TRY is being sold at 42.9486 with a 0.14% increase. The USD index closed yesterday at 104.26 with a 0.17% increase and is currently trading at 104.29, just above the previous closing level.

ASSASSINATION ATTEMPT ON DONALD TRUMP IS HAVING AN IMPACT ON ASSET PRICES IN THE NEW WEEK

The assassination attempt on former US President Donald Trump, who is running for presidency from the Republican Party, is having an impact on asset prices in the new week, and after this development, the possibility of Trump being re-elected is being priced in the markets. On the other hand, the statements made by the Federal Reserve (Fed) Chairman Jerome Powell yesterday led to a clarification in the pricing in the money markets, and it is now being seen as certain that the Bank will cut interest rates at least twice by the end of the year.

In his speech at the Washington Economic Club yesterday, Powell stated that the 3 data points in the second quarter of this year have "increased confidence" that inflation has fallen to 2%. Powell also indicated that the Bank could react if there is an unexpected weakness in the labor market, and when asked about the pricing in the money markets regarding the possibility of the first interest rate cut in September, he said, "I will not give any signal about any meeting in any way."

Analysts stated that the domestic data agenda is calm today, and in the international arena, the ZEW expectation indices in Germany and the Eurozone, as well as retail sales data in the US, will be followed. They also emphasized that from a technical perspective, the resistance levels for the USD index are 105 and 106, while the support levels are 103 and 102.