OECD Report: Turkey Ranks Second in Real Wage Growth in 2026

An OECD report indicates that Turkey will rank second in real wage growth by 2026, sending a positive signal for the Turkish economy. Technically, USD/TRY remains above both the SMA20 and SMA50 and is in an uptrend. The RSI at 58.8 has not entered overbought territory, suggesting near-term resistance could be broken. The MACD being slightly above its signal line also indicates sustained momentum. A slight appreciation of the Turkish lira (TRY) is possible within 1–3 days, though volatility may remain high.

EURTRY maintains short-term bullish momentum as the MACD remains above its signal line, despite the RSI approaching overbought territory at 70.76. While an OECD report indicates strong real wage growth in Turkey, this could increase inflationary pressures and weigh on the Turkish lira. However, the market impact may be limited as wage growth expectations may already be priced in. Technically, the resistance at 53.85 is being tested; failure to break this level could trigger a pullback. Given the short-term directional uncertainty, a neutral stance is recommended.