USD/TRY stays on the front foot at the all-time high of around 24.00 as markets brace for this week’s central bank decisions and top-tier data during early Monday, APA-Economics reports citing FXSTREET.
That said, the Turkish Lira (TRY) pair refreshed the record high to 23.95 amid the US Dollar’s broad run-up before retreating to 23.65 heading into the European session.
It should be noted that the markets remain dicey as traders await the US inflation data and the Federal Reserve (Fed) Interest Rate Decision. That said, Turkish Unemployment Rate and Current Account data for April can offer immediate moves.
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