The US Dollar rose against the Turkish Lira during the European session, trading above 38.000 levels.
The USD/TRY volatile currency pair rose in the European session, as monetary and political instability still grip the country. In Turkey, Net FX Reserves (73.9% last month) will be posted (11:30 GMT). In the US, Initial Jobless Claims data (225 exp) and US Q4 GDP data (2.3% exp) will be released (12:30 GMT).