08:56 · 3 October 2023

USDTRY rises 0,4% after Turkish CPI reading 📊

The Turkish lira is weakening today against the US dollar, which has shown powerful strength in recent days with bond yields rising to new 16-year peaks. The USDTRY is gaining 0.4% after inflation in Turkey came in marginally below expectations, potentially softening the CBRT's stance. Although it has changed dramatically already in recent months - the USDTRY continues its upward trend after a temporary correction. 

  • Turkey CPI inflation y/y: 61.53% Expectations: 61.6% Previously: 58,94%
  • Turkey CPI inflation m//: 4.75% Expectations: 4.8% Previously: 9,09%

Source: xStation5

1 July 2026, 09:19

Eurozone Manufacturing PMI: EURUSD ticks up on production growth and easing inflationary pressures 🇪🇺

1 July 2026, 07:38

Economic calendar: Central bank summit in Sintra may spice up FX volatility (01.07.2026)

1 July 2026, 07:17

All set for the second half

1 July 2026, 06:51

Morning Wrap: Indices soften after recent rebound, gold drops below 4000 USD (01.07.2026)

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.