Turkey ETF Pops as Central Bank Assuages Lira Traders

FAN Editor

This article was originally published on ETFTrends.com.

Turkish stocks and country-specific ETF climbed Tuesday as the lira currency strengthened after the central bank introduced measures to tighten liquidity and local traders sold U.S. dollars to profit on the recent currency pullback. The iShares MSCI Turkey ETF (NasdaqGM: TUR) surged 10.5% Tuesday. Technical traders may also note that TUR’s chart formed a morning […]

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