USD/RUB

Quoting manosk

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Friends excuse my long absence. I hope you are all well. I am back now with a new comment on USD/RUB. It seems to me RUB is grossly devalued and will appreciate in the near future. Already there have been some calls by Danske that we will see 60 in the next 3 months. I think this is conservative. Factoring the price of oil and other economic indicators at the moment we should see significant appreciation in the RUB and thus I expect at least 53-55 by the end of the year. I opened a long term short position yesterday at 63.10. I consider the upside...

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Quoting manosk

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{quote} The position has started moving in the right direction and I added at 62.5 (where it is right now) 1/3 more.

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Quoting ALThau

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USDRUB was a really profitable pair for me, unfortunately my broker stopped carrying this pair. Anyone has suggestions for a reliable broker?

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Quoting manosk

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http://www.pravdareport.com/russia/e...entral_bank-0/ This is important and it explains also part of the divergence between the market value and the fair value as banks try to encourage USD deposits at the moment to battle the sanctions. That should change after the 1st of August.

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Quoting stylinex

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{quote} Forex.com has it {image}

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Quoting stylinex

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{quote} Not sure if you saw this https://money.cnn.com/2018/07/30/inv...ury/index.html

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