USD/TL parity is trying new records with 3.42 level which is the historical top point of parity. Yesterday, the USD/TL parity has broken a new record with exceeding 3.41 level. The increase in the USD/TL is also due to the strengthening of the Fed's interest rate expectations. The Fed's reports, released yesterday, showed that many officials were looking for interest rate hikes in the near future. Strong durable goods orders announced in the US yesterday and consumer confidence data also supported interest rate hikes.The parity tested the highest level with the level of 3.4201. The Turkish Lira was the most depreciated currency in the emerging markets.
- Date: 24 November 2016 Thu 12:07
Comment Send
Similar Threads:
-
Gold market will focus on US Non-Farm Payrolls Data in next days
-
Global markets started to focus on PMI data in the world
-
The growth data of the USA came over the expectations
-
Australian economy protects its monetary policy
-
Central Bank of Australia declared the decision of monetary policy
-
Chinese Consumer Price Index stayed under the expectations
-
American Dollar is Earning Value after the possibility of Interest Increase by FED in this year
-
BoJ announced domestic producer prices in Japan
-
Gold market is pricing some positive expectations
-
Developing Country Currencies are Losing Value
- Popular
- Last Added
-
French Presidential elections are affecting the positive atmosphere on Euro
French Presidential elections are affecting the positive atmosphere on Euro... -
Inflation rate is testing record levels in Turkey
Inflation rate is testing record levels in Turkey... -
Non-farm payrolls data of the USA increased
Non-farm payrolls data of the USA increased... -
Fed's politics interest decision gives direction to the global markets
Fed's politics interest decision gives direction to the global markets... -
Oil market is trying to find a direction
Oil market is trying to find a direction at the last times....