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, Turkish Economic Confidence for March was posted with data higher than the previous month (100.8 this month vs 99.20 previous month). In the US, Core PCE Price Index data for February (2.7% exp) will be released (12:30 GMT).