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US Dollar Index reaches highest level since June 2002 ahead of the Fed
Be wary of a “Buy the rumor, sell the fact” trade in the US Dollar after the Fed’s decision later today.
Natural Gas goes nuclear, Russia rides to the rescue…but is it enough?
Today brought a modicum of good news for energy-strapped European nations: Russia has offered to increase natural gas exports to the continent, potentially to record highs...
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USD/RUB hits another all-time high – could we see 90.00 next?
When most FX traders think of the implications of oil prices, they think of the impact on the Canadian dollar, or if they’re of a more Northern European persuasion, perhaps the Norwegian krone. Predictably, both of those currencies have been punished amidst the ongoing collapse in oil prices, but the Russian ruble has suffered the most grievous wounds.
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