49.087
Today
+0.34%
5 Days
+0.53%
1 Month
+1.80%
6 Months
+10.46%
Year to Date
+14.60%
1 Year
+18.02%
Opening Price
48.632Previous Closing Price
48.918
As long as 49.0743 is support, look for 49.1895
below 49.0743, expect 49.0466 and 49.0300.
As long as 49.0743 is support, look for 49.1895
Commerzbank’s Tatha Ghose notes USD/TRY has broken above 49.0, continuing a pattern of defended levels being breached in step-jumps. He downplays the broader systemic impact of a Turkish stock market scandal and instead highlights surging fuel-driven inflation and the prospect of CBT rate cuts. Ghose warns that an easing cycle in an inflation-vulnerable economy is the key risk for the Lira.
Commerzbank’s Tatha Ghose expects the Central Bank of the Republic of Türkiye (CBRT) to keep the one-week repo rate at 37.0%, but stresses that effective monetary conditions depend on liquidity tools.
ING’s Frantisek Taborsky expects the Central Bank of the Republic of Türkiye (CBRT) to keep its policy rate at 37% for now, after normalising liquidity and lowering the effective funding rate.
ING analysts Muhammet Mercan, Frantisek Taborsky and James Wilson say normalising liquidity and a lower effective funding rate have pushed market pricing closer to their Central Bank of Turkey rate view for 2026.
Brown Brothers Harriman’s (BBH) Elias Haddad expects Chile, Poland, Peru and Türkiye to keep policy rates unchanged at upcoming meetings.
ING’s Muhammet Mercan notes the Central Bank of the Republic of Türkiye (CBRT) has normalised liquidity via weekly repo auctions, bringing effective funding costs down to the 37% policy rate.
The 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.
