23 September 2026 · 3 dk okuma

FXPARTNER Market Summary | 23.09.2026 Wednesday Morning Update

Heading into Wednesday morning, global markets focused on **gold**'s rebound to the **$4,360** level per ounce after Tuesday's sharp decline, the **dollar index (DXY)** holding near its two-month high at **100.43**, the **dollar/TL** rate at home renewing its historic high as **TCMB** raised the effective selling rate to **48.8934** lira, and **Fed Vice Chair Philip Jefferson**'s remarks on discount window modernization at a Treasury market conference held at the **New York Fed** on Tuesday. **Gold** had fallen to around **$4,300** an ounce on Tuesday after hawkish comments from **Fed** officials; it rebounded on Wednesday morning to around **$4,360**, with the selling price of gram gold rising to **TL 6,852.11** and quarter gold to **TL 11,203.20**. The **dollar index (DXY)**, however, traded at **100.43**, holding near its two-month high, a sign that the dollar's strength had not fully lifted the pressure on gold. At home, **TCMB** set the dollar's indicative rate on Wednesday at **48.7323** buying and **48.8201** selling, and its effective rate at **48.6982** buying and **48.8934** selling; in the free market, the **dollar/TL** rate traded in the **48.82-48.85 TL** range, continuing to renew its historic high. In the **United States**, **Fed Vice Chair Philip Jefferson**, speaking at the **2026 US Treasury Market Conference** held at the **New York Fed** on Tuesday, said the discount window modernization effort gives banks a more reliable source of liquidity and acts as a shock absorber during periods of market stress by reducing the risk of forced sales of Treasury securities; he noted that the self-service portal **Discount Window Direct** now handles **60%** of discount window loans. Markets now turn to today's **US S&P Global** flash **PMI** data, due at **16.45 TSİ**.