In a press briefing on Wednesday, United States (US) President Donald Trump announced that they will be removing the US sanctions on Turkey. “Sanctions will be lifted unless something happens that I’m not happy with,” Trump added, per Reuters. “We welcome other countries to help in Turkey-Syria conflict.” With the initial market reaction, the USD/TRY fell to its lowest level since October 7th at 5.7280. As of writing, the pair was trading at 5.7300, erasing 1.35% on a daily basis. 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 The SEC is reviewing another ETF proposal FX Street 3 years In a press briefing on Wednesday, United States (US) President Donald Trump announced that they will be removing the US sanctions on Turkey. "Sanctions will be lifted unless something happens that I'm not happy with," Trump added, per Reuters. "We welcome other countries to help in Turkey-Syria conflict." With the initial market reaction, the USD/TRY fell to its lowest level since October 7th at 5.7280. As of writing, the pair was trading at 5.7300, erasing 1.35% on a daily basis. 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.