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