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USD/TRY

In January of 2005, a new version of the Turkish Lira was issued after the previous Lira's value fell so dramatically that the conversion was $1 to 1.5 million TRY. As the economy relies on foreign cash looking to earn short term profits on higher interest rates, any global headwinds and the subsequent risk off environment can lead to massive depreciations of the Lira. Although the nation wishes to join the Euro-Zone, political conditions in Turkey and economic issues in the EU continue to delay the process.

USD/TRY Rate

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Weekly US Dollar and Turkish Lira Trading Forecast

Symbol Forecast Outlook

US Dollar and Turkish Lira News

NZD/USD Trying to Punch Through Massive Resistance
NZD/USD Trying to Hold above Month Open at .8615
NZD/USD Trying to Roll Over?
USD/CZK: The Best Emerging FX Opportunity
Aggressive new Czech QE measures coupled with improving US economic data and the increased likelihood for Fed tapering could soon produce explosive gains in USDCZK.
NZD/USD Trying to Break Out Higher

Forex Economic Calendar

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GMT0 01:34    

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Date Time Currency Event Importance Actual Forecast Previous Notes
Tue
Jul 22
12:30
USD Consumer Price Index (YoY) (JUN) 2.1% 2.1% 2.1%
12:30
USD Consumer Price Index Ex Food & Energy (YoY) (JUN) 1.9% 2.0% 2.0%
Fri
Jul 25
12:30
USD Durable Goods Orders (JUN) 0.4% -0.9%