Via a spokesman for Turkey's leader Erdogan:

  • Spokesman for Turkey's Erdogan tells Reuters in response to remarks by US government adviser Bolton that US disregard for legal process unacceptable
  • Says there is rule of law in Turkey, pastor Brunson case is an ongoing legal issue
  • Says US has been making arbitrary comments and demands regarding ongoing court case
  • Says US must respect decision of Turkish judiciary
  • Says unacceptable that baseless, false allegations made against Turkey's Halkbank to weaken it
  • Bolton's remarks regarding economy, Qatar support are proof Trump administration is targeting NATO ally in economic war
  • Says US has established that it intends to use trade, tariffs and sanctions to start a global trade war
  • Says Turkey has no intention of starting economic war but cannot keep silent
  • Says Turkey will work with rest of world against restrictive, punitive measures
  • Says recent US policies at odds with principles, values of NATO alliance

Reuters with the report

USD/TRY has been extremely volatile at the best of times recently. Remarks hitting at this time of day are able to push and pull the currency due to barely above zero liquidity in the currency right now