USD/TRY - US Dollar Turkish Lira

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Currency in
TRY
37.9873
+0.0410(+0.11%)
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USD/TRY Discussions

40 will be conquered soon. With lira being week Erdogan can continue his war in Syria. 50 is my long term target which we shall see till the end of this year
Hi
Soon to be $50. This corrupted president will destroy the country. Shame on you Erdogan
He already did im sure it will be 100 soon
failed currency
Central Bank sold 26 billion dollars to stabilize Turkish Lira, states media. And some experts say fair value of dollar is around 45 try given that Turkey's inflation rate. High interest rates to hold Dollar is not sustainable for a long time. Time is almost up.
This week it will be higher, about 40 or more
Hi 😊
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USD remenbers the peaks and return peak ASAP.
Loving the weekly interest.
Is going down
Wtf
you will see 60 at the end of 2025
All politics aside , the 11% upmove has been a little irrational as it had been based on some reactional trades that probably triggered stoplosses and cascaded higher,, in reality interest rates are still at 42.5% so shorting the lira based on news is not a sound option ,, the CB has also improved its fx reserves which will likely be used to limit volatility ,, so usdtry will likely settle at some level today and continue to move around it for the rest of the week ,, next week the usual tight range play continues ,,
what exactly does shorting mean? New to these stuff.
He is treating his own people like animals
they trying to hold but it s pointless it will go up somehow.
Should have been alread 55-60 , it will soon be
Markets dont make their moves based on emotions ,, even if they do the move will usually be on limited time basis before rationality kicks in ,,, but unforseen risks in the markets can create large price adjustments ,,, so far i dont see any risk that justifies 55 or even 45 ,,, should remain below 40 for a while unless further news emerges …
if u look at the graph you can easily tell its a fake price basically a lightning in a bottle
imamson.
only 5% in green. should be 300%
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This is the sinking of the ruling party, not TL.
After detaning the mayer of Istanbul Ekrem then lira is getting worse and will be .. lets see
Not trading , but I hoped TRY strengthens. It seems all my hopes have gone to waste. 80% of my technical analysis turn correct, but 90% of my USDTRY analysis have gone wrong. Not sure id this pair will ever correct now
Today’s 11% upmove would have enlightened you on the dangers of making technical analysis on this crazy TRY pair !
almost 10% down
you will have to let it go soon it is better to leave it now and obey the free market rules.
38500
What do you mean and why?
TL will be weaker soon. No logical reason to go upper
Banks are offering around 40% interest on TL, while the TL has depreciated by 17% in the last 52 weeks. Is it a good idea to invest in TL, considering the only way to lose money would be if the TL depreciates by more than 27%? Could this happen?
No it is not a good idea to invest in TL as long as Erdogan is in power. TL will be weaker month by month
I'll try with 400k , they offered 43% will see if they make it less next month
Results ... Started with 400k at the rate of 36.5 , after 1 month it was 413k at 38.0 when converted to USD it's a 65$ loss
Turkey is one of the most expensive country in the world right now, lira has to go 50 al least this year.
i think 70-80 is more fair. 50 was better one year ago
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