According to Rabobank analysts, Turkey remains a major story in the EM space due to the ongoing military operation in northern Syria which is the source of growing diplomatic tension between Turkey and various Western allies, including the US. Key Quotes “Yesterday the Turkish lira briefly trimmed its month-to-date losses after the market breathed a sigh of relief that the Trump administration opted for a relatively mild sanctions on members of Turkey’s government, raising steel tariff back to 50% and putting on hold a USD 100bn trade deal.” “However, the modest respite for the local assets proved short-lived as the selling pressure resurfaced after US prosecutors charged Turkey’s state-owned Halkbank with participating in a sophisticated and multi-billion scheme to evade US sanctions against Iran.” 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 Ethereum technical analysis: ETH/USD bearish flag breakout FX Street 4 years According to Rabobank analysts, Turkey remains a major story in the EM space due to the ongoing military operation in northern Syria which is the source of growing diplomatic tension between Turkey and various Western allies, including the US. Key Quotes "Yesterday the Turkish lira briefly trimmed its month-to-date losses after the market breathed a sigh of relief that the Trump administration opted for a relatively mild sanctions on members of Turkey's government, raising steel tariff back to 50% and putting on hold a USD 100bn trade deal." "However, the modest respite for the local assets proved short-lived as the… 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.
