RUB

Foreign exchange traders face challenges in managing currency exposures
With a plethora of major central bank announcements out of the G10 this week, traders will be more focused on developed markets than their emerging market rivals, so we wanted to take a moment to reset the technical outlooks for the major EM pairs we follow.
The month of June is officially underway and with it comes the official start of summer (in the Northern Hemisphere – apologies to my Australian friends!).
Currency markets are off to a relatively slow start to the week, with the dollar generally inching lower vs. its major G10 counterparts.
A gauge of the dollar climbed to a five-year high after the economy expanded at the fastest pace in more than a decade, supporting the case for the Federal Reserve to raise interest rates.
A gauge of the dollar climbed to a five-year high after the economy expanded at the fastest pace in more than a decade, supporting the case for the Federal Reserve to raise interest rates.
After sliding over 9% against the U.S. dollar last week, the ruble started this week cowering on the ropes.
If traders were to create a (false) dichotomy between weeks when G10 currencies are more volatile and weeks when emerging market currencies are more interesting, this week would undoubtedly fall into the former category.