17.07.2024 11:41
The USD/TRY is trading at 33.0970 level after starting the day with an increase. The USD/TRY, which moved in an upward trend yesterday, ended the day at 33.0551 with a 0.18% increase. The USD/TRY is trading at 33.0970, which is 0.1% higher than the previous closing, after starting the new day with a gain in value as of 10:50. At the same minutes, the EUR/TRY is being sold at 36.1490, which is 0.3% higher than the previous closing, and the GBP/TRY is being sold at 43.0510 with a 0.3% increase.
The USD/TRY is trading at 33.0970 level after starting the day with an increase. Yesterday, the USD/TRY moved in an upward trend and ended the day at 33.0551 with a 0.18% increase. The USD/TRY started the new day with a gain in value and is currently trading at 33.0970, which is 0.1% higher than the previous closing price at 10:50. At the same time, the EUR/TRY is trading at 36.1490, which is 0.3% higher than the previous closing price, and the GBP/TRY is trading at 43.0510 with a 0.3% increase.
The USD index closed the day at 104.24, just below the previous closing price, and is currently trading at 104, which is 0.2% below the previous closing price.
As central banks around the world approach the end of their fight against inflation, expectations for interest rate cuts are becoming clearer day by day. The expectations of two interest rate cuts by the US Federal Reserve (Fed) this year and the uncertainties created by the upcoming election in the country continue to have an impact on currencies.
Analysts point out that today, inflation in the Eurozone, construction permits in the US, and the Fed's Beige Book Report, among other data, will be closely monitored. They also note that the resistance levels for the USD index are at 105 and 106, while the support levels are at 104 and 103.