The US Dollar rose against the Turkish Lira during the European session, trading above 37.920 levels.
The USD/TRY volatile currency pair traded in a wide band in the European session, as monetary and political instability still grip the country. In Turkey, CPI Inflation data for March was posted with data lower than expected (38.10% realised vs 38.90% expected). In the US, Initial Jobless Claims data (225k exp) will be posted (13:30 GMT+1), S&P Global Service figures PMI for March (54.3 exp) will be posted (14:45 GMT+1) and ISM Non-Manufacturing PMI for March (53.9 last month) will be released (15:00 GMT+1).
