The dollar's rise continues
The dollar/TL exchange rate began the first trading day of the week above 28.19.
Eyes in the money and commodity markets will be on the interest rate decision to be announced by the US Federal Reserve (Fed) on November 1. The Fed is expected to keep interest rates steady at the 5.50 percent level.
The recent rise in the US 10-year bond yield had drawn attention. The US 10-year bond yield, which saw levels above 5 percent last week, has begun to decline. Today, the bond yield is trading at 4.879 percent, while the dollar index is moving sideways at 106.594.
DOLLAR/TL IS RISING
The dollar/TL exchange rate began the first trading day of the week above 28.19. The rate is currently rising and trading at 28.26 lira. During the day, the dollar/TL saw a low of 28.12 and a high of 28.34. Meanwhile, the euro is also trading with gains at 29.87 lira at the same time.
News Source: 12punto
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