The dollar has fallen to the lows of 16 weeks!

The dollar / TL, which reached the limit of 5.28 yesterday, closed the day after statements by Fed Chairman Powell, evaluated as kapan pigeons, "closed the day with a decline of 1.04 % compared to 5 2234.

Powell said that the country's economy continued to grow at an average annual rate of about 3%, as the unemployment rate had dropped to 3.7% at the lowest level of the last 49 years and that Inflation was close to the goal of 2%. "Interest rates will remain low and low for the economy by historical standards." slightly below estimated levels. "Expressions used." Powell's current political interest is a little below the neutral level "to say:" Fed interest rate reduction next year could be a break " , the markets, the dollar is depreciated against other currencies.

As of today, the dollar / TL, the lowest level since August 5, August and after observing the 09.40 at the previous close with a 0.2% drop from the 5.2110 discoveries of l & # 39; buyer. In the same minutes, the Euro / TL is trading at 6.7020 with an increase of 0.05% and 5.9430 and the pound sterling / TL of 0.03%.

Parity euro / dollar, yesterday after the completion of the day of 1.1380, the buyer finds it at the level of 1.1380.

Analysts said Powell Ira Dra's statements and declining oil prices would continue to support TL, indicating that the country's economic index of confidence is today and the bank president's statements European Central Bank, Mario Draghi, and the US Federal Reserve (Fed). indicated that the intensive data program would be followed, as well as the minutes of the meeting. Analysts said the positive market trend ahead of the G20 summit could continue early tomorrow, as levels of 5.20 and 5.00 could be added to the agenda in the event of a delisting. support of $ 5.20 / TL respectively, and $ 5.4 in resistance. he said.

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From $ 60.72 per day up to $ 61.40 per day, the price of a barrel of Brent crude oil was opened at $ 59.64 this morning. Brent was trading at $ 58.94, down 1.17% at 09.41. At the same time, the West Texas crude oil buyer (WTI) was getting $ 50.41 a barrel.

The decline in the dollar and oil can result in a reduction on service stations.