After the increasing expectation of interest increase by FED at the end of the year and Prime Minister Yildirim’s description of the presidential system, USD/TRY parity climbed its record level with 3.1132 yesterday. Today, the opening price of USD/TRY was 3.0900, and the parity is trading on the market with a little positive trend after opening the market. Euro is standing on the 3.41 level with more than %0.1 loss. Markets are focused on the description of Fed Chairman Janet Yellen who will speak at the 60th Economy Conference. The explanations will be followed about the timing of interest rate increase. Experts think there may be some positive developments on USD if the explanations about interest rate increase gets positive during the conference. Today, it’s predicted that there may be a bit decrease on USD/TRY parity because of the sales pressure on the market.  

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  Oil is continuing its negative process under 50 USD level for per barrel

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  Global markets are following the latest developments from the UK

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  The expectations about interest increase is getting stronger

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  Turkish Lira is losing value after the developments in American Side

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  Fitch Ratings is making evaluations on American Banks after Trump's surprising victory

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  Uncertainity continues among Fed members

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  Manifacturing sector is expanding in the USA

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  Developing country currencies are losing momentum

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  Euro is supported by strong development data

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  Emerging Markets continued to lose value after Trump's surprising victory