GBP/USD faced similar struggles to the euro as the pound is still weighed down by a lack of fresh updates to Brexit negotiations.
EUR/USD was down 0.41% to 1.1444 by 07:16 AM ET (11:16 AM GMT), the weakest level since August 20.
The GBP/USD dropped ahead of the event and recovered afterward, trading around 1.2980.
The USD/TRY charted another lower high as it retreated from the Sept. 18 high of 6.4654, adding credence to the bearish pennant breakdown witnessed on Sept. 12.
EUR/USD was last at 1.1718 after falling as low as 1.1685 earlier, the lowest level since Sept. 20.
Sterling was also weaker, with GBP/USD off 0.15% at 1.3157 as investors remain pessimistic about prospects for Brexit negotiations between the UK and the European Union.
"Following the decisive interest rate hike of 625bps to 24% on September 13, Turkey made another important step to restore confidence amongst investors," Rabobank analysts argue.
Bitcoin traded 0.7% higher to $6,400 at 11:39PM ET (03:39 GMT) on the Bitifinex exchange.
Following yesterday's small advance, EUR/USD is now attempting to extend the up move to the area closer to the key 1.1700 milestone, or fresh daily highs.
The Turkish currency remains on the defensive in the first half of the week and is now lifting USD/TRY to fresh tops in the boundaries of 6.5000.
GBP: The Pound continues to find support from the positive sentiment regarding Brexit, which in turn has taken GBPUSD back above 1.31 to reach a fresh 6-week high at 1.3150.
The pound was little changed ahead of the BoE's monetary policy decision, with GBP/USD at 1.3045.