The USD/TRY started the day with a flat trend and is currently trading at 32.8450, just above the previous closing price, as of 09:30. The EUR/TRY is also trading flat at 35.1255, and the GBP/TRY is trading just above the previous closing price at 41.5110. The dollar index is currently at 105.9, experiencing a 0.10% loss. FOCUS SHIFTS TO INTEREST RATE DECISION IN DOMESTIC MARKETSGlobal markets are experiencing a mixed trend ahead of the release of growth data in the US. In domestic markets, the focus is on the interest rate decision of the Central Bank of the Republic of Turkey (CBRT). As the market continues to search for clues about the future steps of the Federal Reserve (Fed), the Gross Domestic Product (GDP) data to be released today is expected to provide signals about the state of economic activity in the country. Analysts point out that Fed officials have continued to provide "cautious" guidance throughout the week, and after the release of the growth data, the focus of investors will shift to the Personal Consumption Expenditures (PCE) data, which is considered as the inflation indicator by the Fed, to be announced tomorrow.
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