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Trading USDRUB in a difficult year — #SaxoStrats017-01-16_Cameron Robertson_Cameron Robertson.mp4
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Rising inflation and global growth alongside improving US-Russian relations have led Saxo’s Global Macro Strategist Kay Van-Petersen to sell USDRUB.
A constructive oil and minerals market also has enthused Van-Petersen to look at an entry on USDRUB at 59.60, the close on Friday.
The stop is 67.10 with targets of 55.00 and 50.00 with the potential for USDRUB to be a robust long-term cross.