Abstract：The strength of the Russian rouble in recent weeks has been driven by a drop in imports and Russia refraining from foreign currency purchases for the state coffers under its fiscal rule
The strength of the Russian rouble in recent weeks has been driven by a drop in imports and Russia refraining from foreign currency purchases for the state coffers under its fiscal rule, a top bank official said on Tuesday.
First Deputy Governor Ksenia Yudaeva also said there were no discussions about imposing negative interest rates on dollar and euro deposits with banks for retail clients, only for corporate ones. For more forex news, please download WikiFX - the Global Dealer Regulatory Inquiry APP.
This week, Target (NYSE:TGT) reported second quarter earnings of $0.39 per share, which is down 89% from last year’s earnings of $3.65 per share. The decrease in earnings is a result of charges related to reducing unwanted inventory. The report was made on its second quarter earnings results before the opening bell on Wall Street on Wednesday.
An iron condor options strategy allows traders to profit in a sideways market that exhibits low volatility. The iron condor is an option trading strategy created with four options consisting of two put options and two call options and four strike prices, all with the same expiration date.
PPI is an essential piece of economic statistics since it signals future predicted inflation. Because of the positive association between inflation and interest rates, traders watch PPI in forex trading, but ultimately, traders are concerned with how the resulting interest rate changes are expected to affect currency pairings.
The USD/JPY pair continues sharply in the North American session, breaking above its 50-day EMA, aiming towards the 136.00 figure, amidst a mixed market mood, with US equities fluctuating between gainers/losers. At the time of writing, the USD/JPY is trading at 135.87, above its opening price.