Just before the US Vice President Mike Pence and Secretary of State Mike Pompeo prepare to broker a truce the Kurds and Turkish army in Syria, the BBC ran a story that says that the Turkish President Recep Tayyip Erdogan rejected a US call for an immediate ceasefire in northern Syria. The report also mentions that Ankara wants a safe-zone of nearly 20 miles inside Syria to support nearly two million refugees. Key quotes “They say ‘declare a ceasefire’. We will never declare a ceasefire.” “They are pressuring us to stop the operation. They are announcing sanctions. Our goal is clear. We are not worried about any sanctions.” FX implications While Turkish Lira (TRY) is far from active hours, the news could weigh on the currency while also supporting safe-havens like the Japanese Yen (JPY), Gold and the Swiss Franc (CHF). 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 Bank of Korea: Another cut, prolonged hold to follow – ANZ FX Street 4 years Just before the US Vice President Mike Pence and Secretary of State Mike Pompeo prepare to broker a truce the Kurds and Turkish army in Syria, the BBC ran a story that says that the Turkish President Recep Tayyip Erdogan rejected a US call for an immediate ceasefire in northern Syria. The report also mentions that Ankara wants a safe-zone of nearly 20 miles inside Syria to support nearly two million refugees. Key quotes "They say 'declare a ceasefire'. We will never declare a ceasefire." "They are pressuring us to stop the operation. They are announcing sanctions. Our goal is… 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.
