Today
+0.25%
5 Days
+0.56%
1 Month
+1.61%
6 Months
+13.03%
Year to Date
+17.47%
1 Year
+21.71%
Opening Price
40.66764Previous Closing Price
40.7099The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The price could retrace.
below 40.8444, expect 40.8065 and 40.7840.
as long as 40.8444 is support look for 40.9612
During a press conference yesterday to present its new inflation report, the Central Bank of Turkey announced several changes to its monetary policy framework, ING's FX analyst Frantisek Taborsky notes.
Turkey's current account significantly deteriorated in June, registering a deficit of $2.0 billion (versus a $680mn deficit recorded a month ago, and surplus recorded a year ago); the print exceeded analyst expectations of $1.3bn deficit.
Turkey Current Account Balance below forecasts ($-1.4B) in June: Actual ($-2.006B)
Turkey Consumer Price Index (MoM) below expectations (2.4%) in July: Actual (2.06%)
Turkey Consumer Price Index (YoY) came in at 33.52%, below expectations (34.05%) in July
The Turkish Lira (TRY) exchange rate remains on a steady depreciation path, especially against non-USD currencies. Against a 50-50 basket (USD and EUR), its depreciation rate is quite rapid –c.43% annualised.
