The US Dollar climbed higher against the Turkish Lira during the European session, trading above 42.35 levels.
The USD/TRY rose in the European session, as long term - double digit inflation and monetary instability continue to exert negative pressure on the lyra. In Turkey there are no scheduled data releases today. In the US, Dallas Fed Manufacturing Business Index for November (-5.0 last month) will be released (15:30 GMT).*
*The government shutdown has now concluded, but most US Government data will still be delayed. Non government US data will be released as normal.