Risk off markets and Russia performances - BBH

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the environment in the risk off plays and noted performances of Russian markets.



Key Quotes



"The heavier tone of the yen, the firmer Australian and New Zealand dollars are consistent with this, and we note that the Russian ruble is up about 0.3% today. It is still off roughly 2.3% on the week. Russian stocks have shed another 1.4% today to bring the loss on the week to 5.2%, which puts MICEX back at late May levels."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    USD/JPY technicals warn of downside risks – Scotiabank

  2. Forex News

    USD Eyes FOMC Meeting amid Perceived Policy Divergence

  3. Forex News

    USD/JPY searching for direction, FOMC eyed

  4. Forex News

    Pressure on EU and US yields may continue to cap USD/JPY – KBC

  5. Forex News

    USD/JPY remains in consolidation mode – RBS

Trading Center