The US Dollar increased against the Turkish Lira during the European session, trading above 36.520 levels.
The USD/TRY volatile currency pair rose in the European session, coming close to last Friday’s record high as the Lira lost ground as concerns over the Turkish economy continue. In Turkey, there are no data releases today. In the US, YoY Core PCE Price Index data for January (2.6% exp) will be released (13:30 GMT).