More weakness in the RUR, EUR, GBP, NZD, AUD coming soon, which should happen together with a sell-off in Treasuries. A very strong downtrend in EUR crosses should be expected at the same time.
The EUR still targets 0.90 or below.
At the same time, the Russian Ruble will be triple-hammered by:
a) the strengthening dollar
b) the falling Crude prices
c) the re-pricing of the Russian bonds as a result of US treasury sell-off.
The EUR still targets 0.90 or below.
At the same time, the Russian Ruble will be triple-hammered by:
a) the strengthening dollar
b) the falling Crude prices
c) the re-pricing of the Russian bonds as a result of US treasury sell-off.
