The dollar exceeded 7 TL on the day of the holiday.



[ad_1]

The dollar / TL, which has been trading at border 7 for a long time, has exceeded this limit. May 1 Work and Solidarity Day today due to the holiday in the Turkish markets. The dollar / TL exceeded 7.03. US Ambassador Satterfield said in a statement that Turkey’s Money Sample swap agreement at the Federal Reserve Bank said it was non-political financial reasons.

The dollar indicator rose for the first time in the past six days, after the company’s weak economic data and earnings strengthened demand for the dollar, which is the world’s reserve currency.

The Bloomberg Dollar Spot Index, which shows the course of the US currency against the currencies of the G-10 countries, rose 0.4 percent due to the effect of the appreciation of the dollar against most major currencies. US Treasury Bonds USA They also gained slight value due to demands for safe harbor quality in Asia, where transaction volume remained low due to the holidays.

SAFE HARBOR

Australian and New Zealand dollars caused losses among G-10 currencies after weak local economic data. US index futures USA They fell after Amazon.com warned of possible quarterly losses and Apple ignored the profit forecast.

“The US dollar remains a safe haven currency in the coronavirus era and is slightly ahead of the traditional safe haven, such as the yen and the Swiss francs,” said Sean Callow, senior currency strategist at Westpac Banking Corp. in Sydney. .

The Bloomberg Dollar Spot Index has risen more than 5 percent since the beginning of the year, despite falling in April. The 10-year US Treasury bond interest rate fell 2 basis points on Friday to 0.61 percent.

[ad_2]