USDRUB Russian ruble is no longer aligned to Crude Oil priceI don`t want to be prophetic, but does George Soros ( 91 years), The Greatest Speculator of all time, want to be remembered as The Man Broke the Bank of Russia too?
Developments in Kazakhstan and NATO supporting Ukraine to defend against an invasion from Russia are bad signs for the ruble.
US, UK and other officials started the evacuation of their embassy employees Kyiv.
The US, UK and other NATO members warned Russia about the heavy sanctions bombardment in case the tension with Ukraine escalates.
Bank of Russia wants Full Ban on Crypto, calling Bitcoin a Ponzi scheme. Russia's central bank consider trading, mining and crypto usage illegal. the Russian Ministry of Finance also announced a halt of foreign currency purchases, to withhold the further downslide of the ruble.
I see an imminent breakout of usd to all time high if the tensions escalates.
Looking forward to read your opinion about it.