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Update for Turkish Lira pairs

Posted by Dafni Serdari | 07/05/2020 16:53

Historic lows in the TRY markets call for changes to market conditions
 


Important update: The TRY markets are making historic lows.

With increasingly strong rhetoric from Turkish authorities around manipulation of the currency, it is highly likely that the market could cease normal function within the next days.

For that reason, both EURTRY and USDTRY are on close-only until further notice.

This means our traders will be able to close their positions at any time, but are temporarily unable to open new ones.

For more information on this update, our Customer Service is available 24/5.

The ThinkMarkets team
 

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