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USD/RUB seen testing 53.50 in 12-month – Danske Bank

Analysts at Danske Bank now see the Russian currency appreciating towards the mid-53.00s within a year’s view.

Key Quotes

“Given persisting external risks for the RUB and possible downside risks from the oil price, we roll the current RUB levels”.

“We expect RUB and oil price divergence to shrink on worsened sentiment”.

“Expecting USD/RUB at 60.00 in 1M, 59.40 in 3M, 54.70 in 6M and 53.50 in 12M”.

USD/JPY attention is now on 110.00 – UOB

FX Strategists at UOB Group noted the pair remains under pressure unless it can reclaim the 110.00 area. Key Quotes 24-hour view: “The anticipated U
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CHF: Easing risk aversion may reverse haven flows – ING

In the absence of any meaningful comments from President Draghi, analysts at ING expect EUR/CHF to trade around the 1.1300, lacking a reason to move h
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