Monday, January 19, 2015

Russian Rouble Is Steadier In Today's Trading

The Rouble seems to have stabilized for today, as you can see there is not much price movement so far on today's chart.

There may be some fluctuation as the European markets open but so far price has remained in a tight range.






Here is a couple articles describing the situation related to the Rouble, probably there will be more news later in the day as brokers assess their positions after the recent action in the Forex markets.





Russia's rouble crisis poses threat to nine countries relying on remittances - The Guardian

 Sun, 18 Jan 2015 18:05:37 GMT
The GuardianRussia's rouble crisis poses threat to nine countries relying on remittancesThe GuardianThe 50% drop in the rouble has not only decimated the value of remittances sent home by workers from the Caucasus and central Asia, but is discouragin ...

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Russian rouble strengthens as oil steadies - Economic Times

 Mon, 19 Jan 2015 08:00:01 GMT
Russian rouble strengthens as oil steadiesEconomic TimesMOSCOW: The Russian rouble strengthened slightly on Monday, as oil prices steadied and two large central bank foreign-currency repo auctions eased demand for dollars. At 0752 GMT, the rouble was ...

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Rouble rout slashes Russians' retail spending in Britain - Telegraph.co.uk

Sat, 17 Jan 2015 18:01:17 GMT
Telegraph.co.ukRouble rout slashes Russians' retail spending in BritainTelegraph.co.ukof the rouble has deterred Russian tourists from splashing out in British shops, with spending down 28pc in 2014, according to new figures. As visitors from other c ...

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