The tension between Turkey and the United States is back in the spotlight and putting pressure on the Turkish Lira. In response to news that Turkey is moving forward with a military offensive in Northern Syria, US President Trump began withdrawing American troops from the area early Monday.
The latest development came subsequent to a phone call between Trump and Turkish President Erdogan, which resulted in a collapse of the ongoing effort to broker peace between US allies in Turkey and Northern Syria.
As Monday trade was underway, President Trump tweeted out from his personal twitter account that “I will totally destroy and obliterate the economy of turkey” if POTUS finds Turkey or Erdogan doing “anything considered to be off-limits.”
Trump also stated in a tweet “the endless and ridiculous wars are ending! We will be focused on the big picture, knowing we can always go back & blast!”
USD/TRY LONG (Buy)
ENTER AT: 5.86206