After starting the day with an upward trend, dollar prices were traded at the level of 9.72 TL; Euro prices are at the level of 11.27 TL.
Seeing the lowest level of 9.6613 and the highest level of 9.7455 yesterday, the dollar/TL closed the day at 9.6804, 0.2 percent below the previous close. After starting the new day with a rise, the Dollar/TRY is trading at 9.7190 with an increase of 0.4 percent compared to the previous closing level as of 10.30 am. In the same minutes, Euro/TL gained 0.47 percent and was sold at 11,2750, and Sterling/TL was sold at 13,1850 with an increase of 0.42 percent.
While the dollar index is at 93.9 with a decrease of 0.1 percent, the Euro/dollar parity is at 1.1597 with an increase of 0.1 percent.
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Analysts said that the US Federal Reserve (Fed) Governor Jerome Powell and the European and British Central Bank officials’ statements today could increase the volatility in exchange rates.
Stating that the Producer Price Index (PPI) in the USA and the ZEW expectation indices in Germany came to the fore in today’s data agenda, analysts noted that the level of 94.5 in the dollar index will be followed as an important resistance and 93.8 as a support in terms of technical terms.
Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.
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