The US Dollar increased against the Turkish Lira during the European session, trading above 36.310 levels.
The USD/TRY volatile currency pair rose to another all time high this morning, continuing its climb in the European trading session, amid ongoing concerns over the state of the Turkish economy. In Turkey, Net FX Reserves data (72.33% exp) will be released (11:30 GMT). In the US, Initial Jobless Claims (214k expected) and Fed Philadelphia Fed Manufacturing Index data for February (19.4 exp) will be released (13:30 GMT).