Watching USDTRY after today's inflation print

The latest inflation numbers out of Turkey just hit, and the market reaction in $USDTRY has been pretty swift, pushing it towards the day's highs around 47.0054. It's interesting to see that although the number was broadly expected, the momentum carried through. I'm curious if anyone else is seeing this as a sign of continued underlying pressure, or if it's mostly short-term positioning unwinding.

I'm keeping an eye on how this plays out against other EM currencies, especially with the general USD strength we've been seeing. Not jumping in, but definitely on the watchlist to see if it consolidates around these levels or if we get a further leg up. Still trying to get a feel for the central bank's reaction function given the current backdrop.