Euro continues to rise, exceeding the 50 TL thresholds following the Fed.

Significant Increase in Euro/TL Exchange Rate

Following the Federal Reserve's (Fed) interest rate decision, volatility is observed in the currency markets. The euro has exceeded the critical level of 50 TL, gaining value against the Turkish lira throughout the day. Starting the trading day at around 49.90 TL, the euro/TL exchange rate was trading above 50 lira as of 1:00 PM, surpassing a psychological threshold. This situation has increased the rising expectations among investors.

Dollar's Value Decline and Market Effects

The Fed's dovish tone in its statements has continued to exert pressure on the dollar, leading to a global decline in value. The American currency has entered a weakening phase against major currencies such as the euro and Japanese yen. The dollar index has dropped by 0.1% to 98.5, indicating uncertainty in market direction.

Current Situation in International Markets

As of 14:20 in international currency markets, the euro/dollar exchange rate has risen to 1.17; the pound/dollar exchange rate is at 1.3370 and the dollar/yen exchange rate is being traded at 155.9. This indicates that the volatile trend in global markets continues.