The US Dollar rose against the Turkish Lira during the European session, trading above 38.4100 levels.
The USD/TRY volatile currency pair traded higher in the European session, as monetary instability and inflation still persist in the country. In Turkey, Net FX Reserves (38.87% last month) will be posted (12:30 GMT+1). In the US, Michigan Consumer Sentiment for April (50.8 exp) and Michigan 1-Year Inflation Expectations for April (6.7% exp) will be posted (15:00 GMT+1).