The US Dollar rose against the Turkish Lira during the European session, trading above 36.540 levels.
The USD/TRY volatile currency pair rose in the European session, as inflation and monetary instability continue to be a chronic problem for Turkey. In Turkey, Year on Year Industrial Production data for January was posted with data being lower than the previous month (1.2% this month and 7.0% previous month). In the US, Consumer Inflation Expectations data (3% last month) will be released (15:00 GMT).