The US Dollar increased against the Turkish Lira during the European session, trading above 36.050 levels.
The USD/TRY currency pair continues to push higher in the European session, breaking another all time high as chronic inflation and monetary uncertainty still grip the country. In Turkey, there are no data releases today. In the US, CPI Inflation figures for January (2.9% expected) will be posted (13:30 GMT) and Fed Chair Powell will continue to give testimony to Congress (15:00 GMT).