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Maximise your Aussie dollar abroad. Discover four travel destinations—New Zealand, Indonesia, Vietnam, and Türkiye—where the AUD currently stretches furthest, helping you save on every experience.
From the ancient wonders of Ephesus to the majestic Byzantine dome of Aya Sofya, Turkey is a treasure trove of world-renowned ruins and monuments. This land, once a vital stop on the Silk Road, bears the imprint of empires like the Romans, Byzanti...
USD/TRY is trading close to 90-day highs near 45.50, supported by the rate differential with the US Dollar and Turkish inflation concerns. Near-term conditions suggest the pair may continue to find support...
Currently, TRY/USD is trading close to its 90-day lows at around 0.02198, within its recent range. The pair is supported by risk-off sentiment, but the dominant driver remains risk sentiment.
Currently, TRY/INR is trading close to 30-day highs around 2.1102, holding near its 3-month average. The pair is supported by the risk-off environment, which favours safe-haven currencies.
Currently, TRY/GBP is trading near 14-day highs around 0.016496, close to its recent range. The pair remains supported by risk-off conditions and geopolitical concerns.
Currently, TRY/EUR is trading close to recent highs near 0.018912, holding below its 3-month average. The pair's recent range suggests limited momentum, but risk-off sentiment supported by geopolitical...
Currently, TRY/AUD is trading close to recent highs, holding near 0.030746, below its 3-month average of 0.031733. The pair remains supported by risk-off sentiment driven by inflation concerns and geopolitical tensions.
Currently, GBP/TRY is trading near 14-day lows at 60.62, close to its 3-month average. The dominant driver is the rate differential driven by BOE rate hike expectations and US inflation concerns.
Currently, EUR/TRY is trading close to 52.88, holding above its 3-month average and near recent highs. The dominant driver from cross-market analysis is the rate differential, supported by Turkey's hawkish...
Currently, CHF/TRY is trading close to 7-day lows near 57.81, holding above its 3-month average. The pair remains pressured by risk-off sentiment and the rate differential, which favors Turkish Lira weakness.
Currently, AUD/TRY is trading close to 7-day lows around 32.52, holding near the lower end of its recent range. This reflects a weaker bias driven by the widening rate differential and risk-off conditions.