The positive trend continues on USD/TRY parity after breaking new record last week. The USD/TRY parity closed Friday at 3.5210 level, and we can observe in new trading day it was fluctuated between the highest of 3.55 and the lowest of the 3.51 levels. Following the referendum on constitutional reforms held in Italy on Sunday, the USD parity climbed up to 3.5553 against the TL after the announcement that Prime Minister Matteo Renzi would leave his post. According to the many experts who are commenting in the global forex market, the parity may climb to the 3.60 level in the near future.
- Date: 05 December 2016 Mon 12:08
Comment Send
Similar Threads:
-
Developing Country Currencies are Losing Value
-
Turkish Lira earned value after the announcement of Central Bank of Turkish Republic.
-
Yellen’s Speech affected markets seriously about FED’s Interest Increase
-
The Consumer Confidence Index has risen in the USA
-
Retail Sales in the USA is showed a strong increase in September
-
Asian markets are losing a serious amount of value against USD
-
The growth data of the USA came over the expectations
-
Global markets started to focus on PMI data in the world
-
Turkish Lira is losing value after the developments in American Side
-
Central Bank of Turkey has increased the inflation expectation for 2018
- 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....