Three days ago on June 7th, NIA predicted, "The Turkish Lira appears to be oversold and could be ready to bounce big". NIA suggested the TUR January 21, 2022 $23 call option at $2.
The Turkish Lira is beginning to bounce big and is up 1.77% today against the U.S. dollar to $8.43.
NIA's TUR call option suggestion is beginning to look very strong and is currently up to $2.15.
TUR paid a dividend to its shareholders today so it may appear to be down on some quote services, but TUR is actually up by 2.48%!
Turkey currently has the 4th highest real interest rate out of the Top 50 highest GDP nations of 2.41%. This compares to the United States having the 4th lowest real interest rate of -4.75%!