In a press conference on Friday, United States (US) Treasury Secretary, Steven Mnuchin, announced that President Trump signed a new executive order giving US officials very new significant sanctions authorities that can target Turkey and the Turkish government. “At this point, we are not activating the sanctions on Turkey,” Mnuchin added. “We are putting financial institutions on notice that there could be sanctions later on Turkey.” The USD/TRY pair spiked to a daily high of 5.8970 on these comments but quickly reversed its direction. As of writing, the pair was trading at 5.8770, adding 0.7% on the day. 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 Forex News Today: Daily Trading News share Read Next U.S. financial regulators warned the cryptocurrency industry has abide by banking laws FX Street 4 years In a press conference on Friday, United States (US) Treasury Secretary, Steven Mnuchin, announced that President Trump signed a new executive order giving US officials very new significant sanctions authorities that can target Turkey and the Turkish government. "At this point, we are not activating the sanctions on Turkey," Mnuchin added. "We are putting financial institutions on notice that there could be sanctions later on Turkey." The USD/TRY pair spiked to a daily high of 5.8970 on these comments but quickly reversed its direction. As of writing, the pair was trading at 5.8770, adding 0.7% on the day. 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.
