Turkey ETF Rebounds on Hopes of Reconciliation with U.S.

This article was originally published on ETFTrends.com.

Turkey country-specific exchange traded fund surged Monday on hopes that an American pastor facing terrorism charges could be released, raising hopes that the row between Ankara and Washington could be resolved. The iShares MSCI Turkey ETF (NasdaqGM: TUR) advanced 4.4% Monday and was testing its short-term resistance at at the 50-day simple moving average. Bolstering [...]

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