Dollar Versus Ruble and Yen August 16th

FX Strategy Video > Currency Pairs Analysis

USD/RUB isn't a pair we talk about much here, but we are running into serious resistance and feel that a move lower could be coming. Also, if you have the ability to short this pair, the swap is one of the highest out there. This can lead to extraordinary gains over time.

The USD/JPY pair looks like it is trying to break out. We like the fact that the 78.75 level has given way, and that the Bank of Japan is sitting underneath. It looks as if the 80 handle is calling....

Published on 15th of August 2012
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