Historical summit in the dollar! He surpassed that level!

//

Lerato Khumalo

14:01 – The day starts at the dollar starting from 35,90 TL. As of 14:00, the new historical summit was seen by seeing TL 36,0015. In addition to January inflation, which exceeds expectations in the rise of the dollar, new tariffs of the US administration against Canada, Mexico and China are effective. The expectations that new tariffs will increase US inflation and therefore will take a break from the Fed’s interest rate cuts have also caused the dollar rise!

Dollar, January inflation will be announced with the rise to the day began at 35,90 TL. EURO IS FLOW 36,70 TL with a rapid decline.

On the other hand, the CBRT will announce the first inflation report of 2025. The CBRT updated the end -of -end inflation forecast to 21 percent in the latest inflation report of 2024. The CBRT is expected to maintain inflation forecast.

We also woke up in a bad week in terms of global trade. New US administration, Canada and Mexico imported goods imported 25 percent, 10 percent of imports from China, additional customs duties reported. Analysts, households’ most consumed products are imported from China, so that the products may raise around 2 percent.

The DXY index, which measures the rise of the dollar against other currencies after the tariffs, started at 109,515 with an increase of 1.22 percent. The euro/dollar parity depreciated by 1.20 percent. The world’s most liquid exchange rate perplex is the dollar/Japanese new value of 0.55 percent.