USD/TRY Forecast Note for the Week
Current Setup and Live Chart USD/TRY is once more on the back foot this Wednesday, after the US Dollar regained some of the momentum it lost following Tuesday's US Consumer Price Index data. The pair remains locked within an environment where resilience in the US Dollar, persistent domestic inflation and heightened geopolitical uncertainty are acting as headwinds to the Lira, while the Central Bank of the Republic of Türkiye (CBRT) maintains tighter monetary conditions and has taken certain policy steps […]