Economy
USD/TRY and EUR/TRY: Unexpected Moves on July 19, 2026, Impacting Markets
724FinanceRüzgar Ersoy
On July 19, 2026, the USD and EUR markets saw unexpected movements. USD/TRY was trading at 47,1328 (buy) and 47,1967 (sell), while EUR was at 54,0261 TRY. These price actions reflect how markets reacted to the U.S. announcement of new retaliatory strikes against Iran.
The U.S. threats against Iran have triggered a rise in market tensions, potentially boosting the USD. This has also contributed to EUR's appreciation. Banks are closely monitoring NIM and SYR to assess their responses to these market movements.