ORBEX: Syria Operations Weaken TRY, Brexit Looks Good Pre-Summit
In today's #marketinsights video recording I analyse #USDTRY and #EURGBP #FXMinors!
Turkish Lira Under Pressure on:
- Risk of sanctions
- Launch of military operations in Syria
- Bank charges for money laundering and fraud
- Breather short-term amid US Retail Sales
Pound Higher on:
- Negotiations optimistic ahead of EU Summit
- BoJo's attempts to get deal through better than May's
- New customs border in the Irish sea; proposal
- EU likely to agree on that deal, then through parliament
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Turkish Lira Under Pressure on:
- Risk of sanctions
- Launch of military operations in Syria
- Bank charges for money laundering and fraud
- Breather short-term amid US Retail Sales
Pound Higher on:
- Negotiations optimistic ahead of EU Summit
- BoJo's attempts to get deal through better than May's
- New customs border in the Irish sea; proposal
- EU likely to agree on that deal, then through parliament
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
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