Recep Erdgoan, the president of Turkey accounced that country begins offensive in Syria to force back Kurdish militians that control the border area. Excecpt that, he mentioned that the military action would be also targeted at the Islamic State. The decision was made after the phone call between Trump and Erdogan in which the president of the US said that American troops who had been working closely with Kurdish forces in the fight against ISIS would pull back which clears the way for the Turkish invasion.
The lira reacted nervously on the news and is the lowest against the greenback since August. Source: xStation5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
