FUND Buy 16.05.2025 08:35
USD/TRY: the European Bank for Reconstruction and Development believes that political events have had a negative impact on the Turkish economy
During morning trading, the US dollar is recovering the positions lost over the last two trading sessions and testing 38.8350 for a breakout, while market participants are expecting new drivers for price movements, among which the most interesting will be the May data on Consumer Expectations and Confidence indices from the University of Michigan: the values are likely to rise from 47.3 points to 48.0 points and from 52.2 points to 53.1 points, respectively, supporting the dollar's position.
Indicators
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy