Is the Rubble going to rebound with the Crude ?
Last week, we saw a huge short squeeze in oil and it seems that there could bee a opportunity for Crude's bulls.
The RUB lost a big part of its value due to the Global fall in commodity prices.
However if we believe RUB and Crude touched the bottom, then we could try a short USDRUB, or if you think EUR is going to be smashed by Yellen on September (or October, or December... #fedratehike), then Short EURRUB.
The RUB lost a big part of its value due to the Global fall in commodity prices.
However if we believe RUB and Crude touched the bottom, then we could try a short USDRUB, or if you think EUR is going to be smashed by Yellen on September (or October, or December... #fedratehike), then Short EURRUB.
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