The horizontal trend continues in exchange rates. The dollar is trading around 38 lira. Euro/TL finds buyers at 40.99. Starting the day with an increase, Dollar/TL is trading at 37.9990. Having moved sideways yesterday, dollar/TL closed the day just below the previous close at 37.9747. As of 09:10 today, Dollar/TL is trading at 37.9990, showing a 0.1% increase. At the same time, euro/TL is steady at 40.9870, and pound/TL is selling at 49.1540 with a 0.1% decrease. The dollar index is at 104.3 with a 0.1% increase. Expectations that President Donald Trump may show a more moderate attitude towards tariffs and developments indicating a possible reduction in geopolitical tensions continue to influence asset pricing. While next week, decisions to be made by the US on tariffs and responses from other economies remain key uncertainties, the recent moderate stance of the US administration on the issue nurtures optimism worldwide. On the geopolitical front, the agreement of Russia and Ukraine to sit at the negotiation table to achieve a ceasefire in the war stands out as another significant development contributing to the easing of the long-standing tension. Moreover, in the domestic scene, the Ministry of Treasury and Finance announced that Minister Mehmet Şimşek and Central Bank Governor Fatih Karahan held a comprehensive video conference with international investors, answering their questions regarding current developments. Şimşek stated during the meeting with international investors that all necessary steps were being taken promptly for the healthy functioning and efficiency of the markets, expressing expectations that the recent developments’ impact on the economy would be temporary and limited, and he assured that the required actions would be taken when needed in the future. Analysts noted that today domestic sectoral inflation expectations and foreign inflation in the UK, as well as durable goods orders in the US, will be monitored. From a technical perspective, analysts highlighted 104.5 as resistance and 103.5 as support levels in the dollar index.