The US Dollar increased against the Turkish Lira during the European session, trading above 35.497 levels.
The USD/TRY continues to rise in the European session, recording another all time high peak as the Lira continues to lose ground on inflation concerns. In Turkey, Retail Sales data for November were released today, and they showed better results than from the previous month (16.4% vs 15.5% last month). In the US, Consumer Inflation Expectations for December (3% last month) will be released (16:00 GMT).