• The Turkish Lira rallied to a 1-week peak after the U.S. Congress agreed an economic stimulus bill to alleviate the coronavirus impact.
   
• Turkey rolled out more measures to cushion the blow to its economy, while data showed that business confidence and capacity utilization indicated signs of a broader slump that could drag on through mid-year.
   
• The country's capacity utilisation rate declined to 75.3 percent in March from 76.0 percent a month earlier, while business confidence among manufacturers fell to 99.7 points in March from 106.9 points in February.
   
• On Tuesday, Turkey's central bank opened a 90-day repo auction with a volume of 15 billion lira and an interest rate of 8.25 percent – 150 basis points below its policy rate.
   
• USD/TRY is trading 0.3 percent up at 6.4245, having hit a low of 6.3810 earlier, its lowest since March 17. 
   
• Immediate resistance is located at 6.4622, any close above could take it above 6.5043.
   
• On the downside, support is seen at 6.3751 and break below could take it near 6.3375.