# USD/TRY Trades at 49.97 as It Starts the Week Higher

> USD/TRY rose 0.1% to 49.97 after starting the week higher, and EUR/TRY rose 0.4% to 55.91. Oil prices fell about 3% after hopes grew for a deal that would reopen the Strait of Hormuz.

- Date: 2026-11-02 · published 2026-11-02T21:14:37.918Z
- Category: market · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/75997-usd-try-trades-at-49-97-as-it-starts-the-week-higher
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

A Hormuz deal would ease crude and freight costs, which supports feed margins, while the Fed's hawkish outlook keeps the dollar firm.

## Read by commodity

- BRENT: bearish ▼
- USDTRY: bullish ▲

## Sources

- finans.mynet.com: https://finans.mynet.com/haber/detay/ekonomi/dolar-tl-49-97-seviyesinde-islem-goruyor/582740/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.