Analytics / Forex News
RUB expected to gain traction – Danske Bank Pablo Piovano
10:23 23 May /2016 Forex
Vladimir Miklashevsky, Senior Economist at Danske Bank, has assessed the prospects for the Russian currency.
“Russia’s currency continues to move closer to its equilibrium level, as RUB’s strengthening remains subdued”.
“We continue to be bullish on the RUB, updating the forecast levels to the recent levels in the oil price”.
“We remain bullish in the long run as the free float is protecting Russia’s current account surplus and economy despite probably one more year of slump”.
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03:00 23 March /2017 Forex
Analysts at Nomura offered a potential scenario for the price of oil.Key Quotes:"Oil prices fall to $40 over the next 6 months?""This oil price scenario is possible if OPEC fails to extend its production cutbacks, and global growth momentum falters while global oil inventories remai
02:23 23 March /2017 Forex
Analysts at Nomura explained that the benign risk environment has been shaken by US political and fiscal uncertainty. Key Quotes:"While the decline in global equities has been minor in a historical context, it illustrates the vulnerability to a potential re-evaluation of the Trumpfl
01:46 23 March /2017 Forex