The Turkish Lira lost ground against the U.S. dollar in early European deals on Wednesday, as the latter rose across the board after hawkish comments from Fed officials Lockhart and Williams over Fed rate hikes prospects this year.

Speaking at a conference in Florida on Tuesday, Atlanta Fed president Dennis Lockhart said a rate hike at the next Federal Reserve policy meeting is "a real option" as long as the economy, inflation and jobs show improvement.

The Lira fell to 2.8634 against the greenback, its weakest since April 18. On the downside, 3.00 is likely seen as the next support level for the Lira. At yesterday's close, the pair was worth 2.8477.

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