The dollar has a fixed stance before important events.
While the dollar index was about 97.8 on Monday, investors were waiting for an important meeting between US President Donald Trump and Ukrainian President Volimir Zelenskiy in Washington, while the Jackson Hole Symposium will be held this weekend, also taking into account Jackson Hole seminar. Trump said he would put pressure on Zelenskiy to reach an agreement quickly after a meeting with Russian President Vladimir Putin on Friday. Although the ceasefire cannot be achieved from the meeting, Putin agreed to allow Ukraine to provide strong security guarantee as part of the agreement that could end the war. In monetary policy, markets are pricing at 84 percent of the Fed probability of reducing interest rates of 25 basic points in September; However, strong manufacturer inflation and retail sales from expected to reduce the possibility of motion greater than 50 basic points. Fed President Jerome Powell is expected to direct Jackson Hole.
What is the dollar/TL?
The dollar starts a day from 40,8414 pounds. 40,8000 pounds at the lowest day, the highest 40,9071 pounds were seen. Currently, 40,8996 pounds are going through.
