• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Turkish Lira Advances on Hopes of Missile Spat Resolution

June 11, 2021 by Forex Winner Leave a Comment

Turkish Lira Advances on Hopes of Missile Spat Resolution

Source: Bloomberg

Turkey’s lira strengthened on Thursday to its best showing in a month after a top official welcomed a possible resolution to the conflict with the United States.

  • The lira strengthened by as much as 1.7% to hit 8.2860 against the greenback.
  • Weekly gains rose to 4.4% to mark the best weekly performance since March but lost ground later.
  • Defense Minister Hulusi Akar said reasonable and logical solutions to the spat with the U.S. are “always possible” after a phone call with American counterpart Lloyd Austin. 
  • The minister noted Turkey remains ready to discuss partners’ technical concerns, which was already rejected by Washington.
  • Presidents Joe Biden and Recep Tayyip Erdogan will hold their first meeting on Monday, where discussions on trust-building cooperation are possible.
  • Sources privy of the meeting agenda have denied that Turkey is considering a compromise on the missiles.
  • The U.S. wants Ankara to cancel Ankara’s purchase of Russian S-400 missiles in exchange for lifting sanctions, but Turkey has not shown any indications of doing so.
  • Concerns stem from the possibility that the missiles could be used to gather information on the F-35 fighter jet that Turkey helped build.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

nadex

Nadex Review

December 23, 2019 By Forex Winner

Darwinex

Darwinex Review

May 14, 2020 By Forex Winner

FBS

FBS Review

January 29, 2020 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure