Quotes from the news wire:
The most significant move we've seen in the last 24 hours are signs of weakness in the dollar - maybe the market is taking a pause after the big moves we had in the wake of (U.S.) non-farm payrolls, it's too early to say there has been a change in market sentiment ... But we have gone to some extreme levels and this retracement is normal.
Even if we put aside the Fed, we still have this political uncertainty and we are seeing an inertia in monetary policy, historically ... we have seen the central bank be a bit more active when the currency falls, but despite the record lows for the Turkish lira, the reaction of the central bank has been extremely limited.
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