The US Dollar increased against the Turkish Lira during the European session, trading above 35.489 levels.
The USD/TRY is stable with its price at the moment after it moved towards another record higher earlier today. There appears to be no end to the Lira’s losing run, as worries continue about high inflation in Turkey. In Turkey, there are no major data releases today. In the US, Producer Price Index data for December (0.4% expected) will be released (13:30 GMT).