Following perception of tensions with United States and announcement of Fed reports, decline in dollar/TLended yesterday after President Erdogan's harsh descriptions of United States.
In last day, dollar descending to 3.62 lira was 3.66 pounds in afternoon. Dollar/TL is traded at level of 3.6505 this morning.
As dollar/TL is above 3.65 level, upward movement can continue, while markets continue to monitor developments in United States. Abroad, U.S. CPI, core CPI, retail sales and core retail sales at 15.30, and Michigan consumer confidence index are monitored at 17.00 hours.
Euro/TL is traded at 4.3235 level.