USD/TRY dropped today around 1% to a low of 5.8315 today on rumours that Turkey will end incursion in Northern Syria in 120 hours. Pence is now holding a press conference confirming the rumours and markets were on the lookout for any indication that Erdogan was close to agreeing to a ceasefire. Turkish sources cited by the Middle East Eye have said that Turkey will suspend its operations to allow YPG to withdraw from the designated safe zone. Pence speaking at presser in Ankara: US and Turkey have agreed to ceasefire in Syria. Today the United States and Turkey have agreed to a ceasefire in Syria,” announces. Turkey will pause military operations for YPG forces to withdraw. Turkey agrees to engage in no military action against the community of Kobani. Turkey agrees to engage in no military action against the community of Kobani. Additional key notes: A Turkish official cited by Reuters said Turkey got ‘exactly what we wanted’ from the US talks. Once Turkey halts its operation in Syria, the Trump administration will lift executive sanctions and there won’t be new ones. The Trump administration will consult with us congress to prevent new sanctions – Trump says ‘great news out of Turkey’. More to come… FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/TRY technical analysis: Turkish Lira rises as US and Turkey agree to ceasefire in Syria FX Street 4 years USD/TRY dropped today around 1% to a low of 5.8315 today on rumours that Turkey will end incursion in Northern Syria in 120 hours. Pence is now holding a press conference confirming the rumours and markets were on the lookout for any indication that Erdogan was close to agreeing to a ceasefire. Turkish sources cited by the Middle East Eye have said that Turkey will suspend its operations to allow YPG to withdraw from the designated safe zone. Pence speaking at presser in Ankara: US and Turkey have agreed to ceasefire in Syria. Today the United States and Turkey have… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.