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📉 Why do some currencies not rise?
1. The strength of the dollar (at certain times)
Despite its current decline, it was very strong in previous periods, putting pressure on other currencies.
2. The political situation in America (Trump)
Threats to change the central bank president + unstable policies → fear in the markets.
3. Interest rates and central banks
Some currencies only rise when their country's interest rate is higher, and if the central bank is hesitant → the currency remains weak.
4. The economic situation of the country
Countries with problems (like Turkey, for example) → their currency declines or remains weak.
5. Lack of strong news or support for the currency
The currency needs stimulation (project, partnership, liquidity injection) to move.
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🟢 Currencies in a better position:
The euro, yen, Brazilian real, and others have started to rise against the dollar.
As for currencies like the Turkish lira, it is still declining due to internal problems.