How many Turkish Lira is the Dollar – Euro trading? What was the latest Dollar rate? The current situation in exchange rates on the interbank market. The Dollar/TL is trading at 34.25 after starting the day with an increase. The Euro/TL is at 37.65 with a 0.1% decrease, while the Pound/TL is being sold at 45.9230 with a 0.2% loss. The Dollar index is currently at 102.5 with a stable trend. Optimism about the US economy’s potential “soft landing” continues to gain strength, while this week, markets are focused on a heavy data agenda, especially inflation in the country. Analysts noted that recession concerns in the US have diminished after the employment data was released, stating that this week’s inflation data will also be crucial for asset prices. In pricing in the money markets, it is strongly expected that the Fed will cut interest rates by 25 basis points in November. Analysts also mentioned that geopolitical developments are being monitored, and the news flow from this front could affect asset prices. Analysts mentioned that today, domestic cash balance in the treasury will be monitored, and in the Eurozone, retail sales will be watched internationally. From a technical standpoint, analysts stated that the 102 level is a support and the 103 level is a resistance for the dollar index.
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