How much is the dollar-euro exchange rate? What was the latest dollar rate? The current situation of exchange rates in the interbank market.

The Dollar/TL is trading at 34.2640 level today after starting the day flat.

The Euro/TL is sold at 37.2750 with a 0.1% increase, while the Pound/TL is trading flat at 44.4480. The dollar index is currently at 104 level with a 0.1% decrease. Globally, due to ongoing political uncertainties related to the upcoming presidential election in the US and the employment report to be announced tomorrow, a negative trend is observed. Investors are closely monitoring the potential impact of the upcoming elections on global markets, which will take place in the U.S. on November 5th. Republican presidential candidate Donald Trump aims to implement new tariffs, tax cuts, and increase fossil fuel production if elected for a second term, while Democrat presidential candidate Kamala Harris plans to follow policies generally continuing the direction of the Joe Biden administration, such as reducing costs and taxes for middle-class Americans. In addition, signals from the upcoming employment data release tomorrow are expected to provide more information about the country’s economic performance. According to macroeconomic data released in the country yesterday, the U.S. economy grew below expectations by 2.8% in the third quarter of this year. During this period, consumer spending saw a 3.7% increase, marking the highest increase since the first quarter of 2023. Analysts indicated that these data show that the U.S. economy maintained its stable growth rate before the upcoming presidential elections, despite falling below expectations. Analysts also noted that despite the lower than expected growth, the U.S. economy recorded robust growth during the period due to support from consumer spending, which strengthened expectations of a “soft landing” in the country’s economy. While it is certain that the Fed will cut its policy rate by 25 basis points next month, estimates that the Bank will make another rate cut in December are at 68%. Concerns that the fight against inflation in the U.S. may take longer than expected continue to cause selling pressure in bond markets, with the U.S. 10-year Treasury yield currently at 4.29%. Analysts pointed out that for the rest of the day, monthly money and bank statistics domestically and inflation and unemployment rates in the Eurozone and personal consumption expenditures in the U.S. will be closely monitored in a busy data agenda. On the technical side, analysts highlighted the resistance at the 105 level and support at the 103 level in the dollar index.