Russia central bank: Not changing fx structure of reserves, including euro’s share – Ulyukayev
Nice vote of confidence for the beleaguered euro. EUR/USD at 1.2278, up from session low 1.2253.
Nice vote of confidence for the beleaguered euro. EUR/USD at 1.2278, up from session low 1.2253.
One Response to “Russia central bank: Not changing fx structure of reserves, including euro’s share – Ulyukayev”
Well as Euro bear I am quite heartened to know that people who have been so consistently wrong (like the Russians and Arabs) who are buying Euro all the way from the top are still hanging tough waiting for a short squeeze. It means we haven’t reached the bottom yet.