Exchange Rates Start Day with Limited Gains: Dollar at 43.85

This follows a relatively flat session yesterday, where the currency closed just above its previous mark at 43.8360.
Other major currencies showed mixed results in early trading: the Euro/TL fell by 0.1% to 51.6620, while the Sterling/TL remained stable at 59.1990.
Meanwhile, the global dollar index (DXY) rose by 0.1% to reach 97.8, reflecting the greenback's continued strength in international markets.
Global Economic Concerns Market sentiment is currently dominated by concerns over US President Donald Trump's aggressive stance on customs tariffs.
These statements have reduced predictability in trade policies and triggered fears of increased inflationary pressures and fiscal strain in the United States.
Coupled with cautious remarks from Federal Reserve officials, these factors are keeping the dollar index at elevated levels.
Market participants largely expect the Fed to keep interest rates unchanged next month, with July emerging as the most likely window for the first rate cut of the year.
Analysts also warn that potential spikes in oil prices could further fuel inflation and limit the maneuvering room for central banks.
Geopolitical and Domestic Outlook On the geopolitical front, indirect talks between Iran and the United States in Oman have concluded.
While Iranian Deputy Foreign Minister Kazem Gharibabadi stated that Tehran has no intention of pursuing nuclear weapons—thereby lowering the immediate risk of military intervention—concerns regarding global oil supply persist.
In Turkey, the domestic agenda today focuses on the household expectation survey, sectoral inflation expectations, and data regarding non-financial sector firms.