The US Dollar increased against the Turkish Lira during the Asian session above 42.40 levels.
The USD/TRY currency pair pushed to a fresh record high in the Asian session with the Lira showing no sign of halting its recent declines, largely due to concerns over inflation and the wider Turkish economy. In Turkey there are no scheduled data releases. In the US, S&P Global Manufacturing PMI for November (52.0 exp) and S&P Global Services PMI for November (54.6 exp) will be released (14:45 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.
