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Any curbs to Russian access to its foreign reserves could present a bigger blow to the Russian economy than the impact of a ban on Swift.
Russia attacking Ukraine has sparked volatility and a flight to safe-haven currencies such as CHF.
Russian food is plentiful, home cooked, and delicious. Soups are very good. The bread is delicious. Food in the supermarkets is plentiful and reasonably priced. There is a wide variety of teas, chocolates, dairy products, produce, candies, and vod...
Bias: The RUB/USD is bullish-to-range-bound, as it is above the 90-day average and in the upper half of the 3-month range.
Bias: Bearish-to-range-bound, as the euro is currently below the 90-day average and in the lower half of its 3-month range.
Bias: Bearish-to-range-bound, as GBP is below the 90-day average and in the lower half of the 3-month range.
Bias: Bearish-to-range-bound, as USD/RUB is currently below the 90-day average and in the lower half of the 3-month range.