Today the Russian ruble continued to show a downward trend as crude oil continued to decline, dropping below $81 per barrel on the speculation demand for fuel will wane as the global growth is stalling. Currently the Russian currency erased its losses, but it’s unclear how long could it maintain gains.(…)Read the rest of Oil Doesn’t Stop Falling, Drags Ruble Along (62 words) Posted on Forex [...]
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Following Monday’s relatively restrained level of activity, crude would find conditions far more interesting today. For the market itself, the commodity would report its biggest daily decline since the February 5th tumble. Read More Volume Recovers along with Bearish Convictions for a Steep Crude Loss Tuesday
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