AndyM

FX update: US treasuries are the only missing piece.

MOEX:USDRUB   U.S. Dollar / Russian Ruble
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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.

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