Forex RUB to USD exchange rate - Russian Ruble to US ...
USD/RUB Forecast Russian Ruble September 23, 2020 ...
RUBUSD Chart (Russian Ruble / US Dollar Forex Chart)
Russischer Rubel(RUB) - Forex Wechselkurs
Figuring out the play on oil
I think this is the sector that that has the biggest opportunities for the first half of 2016. There are some interesting events unfolding and I'm trying to figure out how to get positioned.
Iran surrendered its nuclear material to lift the sanctions on it going into the oil trade. The moment the are lifted they're expected to add 500k bpd to world supply with the majority heading to China/India (link)
Russia is building oil rigs for Iran in the Persian Gulf (link) and delivering weapons systems to them (link)
Russia and Iran agreed to conduct their trade using the Ruble & Rial instead of the dollapetrodollar system... this hasn't typical gone well for those attempting to ditch this system but I don't know how it will play out. Maybe a FOREX play... (link)
The US lifted the export ban on oil with the first tanker setting sail yesterday. $COP was the first one there selling the oil to Vitol with another being filled at the moment. $COP also pulled out of Russia selling its portion of a large plant they operated there. The ban was originally put in place in the 70's to combat the fuel shortage/gas lines at the time. (link)
Russia named the US among threats to its national security (link)
A gigantic portion of the Russian GDP depends on oil/gas exports (link)
Russia is bombing the snot out of ISIS oil trucks but I can't find a reliable figure on the quantity this represents (link)
My guess is all parties involved need to continuing to drill baby drill
I'm thinking a good play would be $EPD as they have the pipeline system for shipping WTI to the coast for shipping. The bad news is it's a MLP which makes taxes a bitch. It does pay a hefty dividend as a passthrough but again it's a bitch during tax time. It's taking a beating this year and is at a good buying level. Another option could be $ETE which should also far more upside but again, it's an MLP. $KMI may be the better option as a former MLP now traded like a normal corp. I've got a friend who is an analyst who says stay away from $KMI but fuck him. The shale producers are in a tough spot but it leaves an opportunity for some consolidation in the sector with the good ones being acquired. High debt, low availably of credit and low oil prices are bad news for these guys. Shale producers need $40-$50 a barrel to pay the high-yield bonds they used for financing. $COP may be a good pickup given the news above as well. Step 1: Collect the information Step2: ??? <--- We are here Step 3: Profit Open forum time, where do you think the best opportunities are in the sector moving forward? As is tradition EDIT: We've also had contango going on in oil the the majority of the year, something has to give. Signs seem to point to lower which make some think it'll go higher... Oil price is based on supply/demand & market sentiment... a few headlines here and there could set prices on the rebound
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Venezuela's Maduro says will shun U.S. dollar in favor of yuan, others
This is the best tl;dr I could make, original reduced by 60%. (I'm a bot)
CARACAS - Venezuelan President Nicolas Maduro said on Thursday his cash-strapped country would seek to "Free" itself from the U.S. dollar next week, using the weakest of two official foreign exchange regimes and a basket of currencies. Maduro was refering to Venezuela's "DICOM" official exchange rate in which the dollar buys 3,345 bolivars, according to the central bank. At the strongest official rate, one dollar buys just 10 bolivars, but on the black market the dollar fetches 20,193 bolivars, a spread versus the official rate that economists say has fostered corruption. A thousand dollars of local currency bought when Maduro came to power in 2013 would now be worth $1.20. "Venezuela is going to implement a new system of international payments and will create a basket of currencies to free us from the dollar," Maduro said in an hours-long address to a new legislative superbody, without providing details of the new mechanism. "If they pursue us with the dollar, we'll use the Russian ruble, the yuan, yen, the Indian rupee, the euro," Maduro said.
http://www.barchart.com/quotes/forex/US_DollaRussian_Ruble/%5EUSDRUB The Ruble has been getting hammered lately, because of escalating tensions between western world and Russia, and is now at the lowest level on record I believe. However I believe the Ruble is fairly strong as Russia becoming an emerging global leader, and signing direct contracts with China bypassing the dollar completely. sentiment: Bullish - I think the Ruble is backed by a fiscally strong Russia
I don't normally trade anything on the forex. I like to keep my cash in USD and just take profit in CAD when it spikes to 1.11 CAD to the dollar. I was up late last night and noticed the rouble is taking a huge hit due to the recent developments in Crimea and Ukraine. Usually the media hypes up a situation more than it deserves, but the Russian market took a 7-8% hit, showing that there is real fear to the economic sanctions leveraged by the west. I think that a bet against the ruble (USD.RUB) is a relatively safe one. The current interest rate in Russia is at 7%, which was raised from 5.5%. This should have promoted a stronger currency but may have only slowed down inflation. This is a country that has gone bankrupt and defaulted on its debts. Overall this situation is bringing down global markets, but I can only guess at the scope and spread of the overall damage and fear. The best I can do is keep doing what I am doing in equities and try to profit off of Russia.
USD/RUB Forecast Russian Ruble September 23, 2020 implies an attempt to test the resistance level near the 76.65 area. Where can we expect a rebound and the continuation of the fall in the dollar rate against the ruble with a target below the level of 72.45. An additional signal in favor of reducing the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of ... Exchange rate from Russian Ruble to US Dollar: RUB to USD: 0.012962: AFN: Afghani: Exchange rate from Russian Ruble to Afghani: RUB to AFN: 0.9973: ALL: Albania Lek: Exchange rate from Russian Ruble to Albania Lek: RUB to ALL: 1.3696: DZD: Algerian Dinar: Exchange rate from Russian Ruble to Algerian Dinar: RUB to DZD: 1.6721: AOA: Angola Kwanza: Exchange rate from Russian Ruble to Angola ... Herzlich Willkommen auf der Seite der Russischer Rubel (RUB) Wechselkurs (Russischer Rubel Currency Conversion). Es listet die gegenseitige Umwandlung zwischen dem Russischer Rubel und andere Top-Währungen und listet auch die Wechselkurse zwischen dieser Währung und anderen Währungen. Forex Russischer Rubel – Gefechte in der Ostukraine. In der Ostukraine nehmen die Waffenstillstandsverletzungen zu. Militärlastwagen, meistens ohne Kennzeichen, dafür aber mit schwerem ... This forex chart for Russian Ruble / US Dollar (RUBUSD) is updated continuously during market hours. The RUBUSD currency charts are available in bar chart and candlestick chart formats to help highlight price trends and price movement. Technical analysts will want check out the technical indicators and studies under the options menu. In finance, an RUB to USD exchange rate is the Russian Ruble to >US Dollar rate at which Russian Ruble to US Dollar will be exchanged for another. It is also regarded as the value of RUB to USD in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for each US$1 or that US$1 will be exchanged ... In finance, an RUB to USD exchange rate is the Russian Ruble to >US Dollar rate at which Russian Ruble to US Dollar will be exchanged for another. It is also regarded as the value of RUB to USD in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for each US$1 or that US$1 will be exchanged ... Current exchange rate US DOLLAR (USD) to RUSSIAN RUBLE (RUB) including currency converter, buying & selling rate and historical conversion chart. USD/RUB Forecast Russian Ruble October 9, 2020 implies an attempt to test the support level near the 76.05 area. Where can we expect a rebound and continued growth in the dollar against the ruble with a target above the level of 81.45. An additional signal in favor of raising the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will ... USD/RUB: Aktueller US-Dollar - Russischer Rubel Kurs heute mit Chart, historischen Kursen und Nachrichten. Wechselkurs USD in RUB.
Forex - Dollar Extends Losses on Lingering Trade Hopes
8:18 Ruble / US Dollar #USDRUB The #Forex #Market is a weekly show in which I, Maria Salnikova, talk about the situation on the upcoming week in the Forex market for trading. # Currencies ... As the price war in the oil market is escalating, shares of oil companies as well as commodity currencies remain under pressure. On Wednesday, oil is giving up its early gains after yesterday’s ... On November 28, 2014, Russian ruble had crossed a historical threshold of 50 rubles per 1 US dollar. Ruble became 1.5 times cheaper just in 6 months – in June 2014 ruble-to-dollar ratio was 33:1. Russian Ruble Weakens to 70 vs. U.S. Dollar for First Time - Duration: 0:54. ... LIVE Forex Trading - NY Session 2nd June 2020 WicksDontLie 2,252 watching. Live now; Russian ruble scrapes new low ... easy-forex, HOT Topic, USD/RUB, Russian Ruble - 11.11.14 easyMarkets. Loading... Unsubscribe from easyMarkets? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 13.8K. Loading ... The Russian ruble hit a seven-week high against the dollar, while the offshore Chinese yuan rose to its highest in a month. The Turkish lira was consolidating just below the three-week highs it ... Today, the Russian currency is slowly advancing against the US dollar. The ruble manages to hold firm thanks to the positive dynamics in the oil market. While Brent is trading above 42 US dollars ...