Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
With high inflation above the Russia Central Banks 4.00% inflation target. Markets are currently pricing in two interest rate hikes from the central bank over the next 6 months. This will make short-selling EUR/RUB and USD/RUB very attractive to yield-seeking investors. In this video, I break down both trades in detail.
We take a look at why the U.S Dollar is structurally on a bear trend against the High Yielding Emerging Market currencies. Two factors are going against the U.S Dollar. 1.) Low-interest rate differentials 2.) Negative Current Account Balance + Increased Fiscal spending increasing this problem for USD. These four setups are popular trades across investment...