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Erdogan, Putin Discuss Israel Via Phone, $ Buying Drives USD/TRY Higher

TURKEY

Erdogan-Putin Phone call:

  • Idea of sending international protection force to region to protect Palestinian civilians should be worked on, Erdogan tells Putin
  • Showing that Turkey, Russia share same stance on developments in Palestine is important message, says Turkish president
  • Erdogan: UN Security Council should get involved, give clear messages to Israel to halt attacks before crisis grows further
  • Round of $ buying sending USD/TRY sharply higher, now approaching 05 May resistance at 8.3597- Close above 8.36 today would paint a firmly bullish technical picture for the cross- Topside Res at 8.3984, 8.4425 & 8.4851
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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