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Dollar - Lira Chart

USD/TRY
Clock icon 51m
Last updated: Mar 29, 2024
Low
High
Average True Range
Total Intraday Range (% of ATR)
Note: Low and High figures are for the trading day.

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.

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Real Time News

DailyFXTeam Mar 29, 2024
🇫🇷 Inflation Rate YoY Prel (Mar) Actual: 2.3% Expected: 2.6% Previous: 3% https://t.co/NlCDyBO2OX
DailyFXTeam Mar 29, 2024
🇫🇷 Inflation Rate MoM Prel (Mar) Actual: 0.2% Expected: 0.5% Previous: 0.9% https://t.co/NlCDyBO2OX
DailyFXTeam Mar 29, 2024
IG Client Sentiment Update: Our data shows the vast majority of traders in AUD/USD are long at 74.24%, while traders in Germany 40 are at opposite extremes with 88.50%. See the summary chart below and full details and charts on DailyFX: https://t.co/QeYdESR2tp https://t.co/JTmwuVxG6w
2024-03-29 07:45:01
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Economic Calendar

12:30:00
H
PCE Price Index YoY (Feb)
A:
F: 2.5%
P: R: 2.4%
12:30:00
H
Core PCE Price Index YoY (Feb)
A:
F: 2.8%
P: R: 2.8%
12:30:00
M
Retail Inventories Ex Autos MoM Adv (Feb)
A:
F:
P: R: 0.3%
12:30:00
M
Goods Trade Balance Adv (Feb)
A:
F:
P: R: $-90.2B
12:30:00
M
Personal Income (MoM) (Feb)
A:
F: 0.4%
P: R: 1%
12:30:00
M
PCE Price Index MoM (Feb)
A:
F: 0.4%
P: R: 0.3%
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