This is my high risk, long term carry trade for 2023 (opened in 2022, looking to add to my position further).
The swap rate is very attractive - to provide some insight, I have received a 3% account increase since opening my first long position in 2022, through daily interest receivables.
The Fundamentals... Turkey has potential. Exports are climbing. The...
Turkish Lira and Japanese Yen dropped a lot recently, and I think a reversal could occur - at least for a short time. Keep an eye out for breakout confirmation in the next few days.
