We can observe solid volatility on the Turkish lira during the last hour. TRY was declining at the beginning of the day, but now it is gaining dramatically. Looking at the pair USDTRY, we observe a 20% downward movement! So far, there is no information to explain such a large strengthening of the Turkish currency.
Souce: xStation5
Three Markets to Watch Next Week (12.12.2025)
Daily summary: SILVER at a new ATH, EURUSD at its highest since October
Turkey has decided to lower the weekly repo rate to 38%
Chart of the day: AUDUSD (11.12.2025)