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, continuing to reach new all time highs, 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. 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.
