Citi bought ruble for Turkish lira

The schedule of a currency pair the Turkish lira / Russian ruble intervals in 1 day Strategists of Citi Luís Costa and Dumitra Vikol see signs of stabilization of a macroeconomic situation in the world and support to the American actions on start of a season corporate reportings. "It can cause inflow of the capital to some commodity currencies, such as rand". They write that the Russian ruble will get support at the expense of very high prices of oil. Citi opens a long position on ZARJPY, having begun trade at the level of 7,7600; the purpose - 8,2500; stop loss on 7,5100. The trade idea will be realized by means of purchases...