http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-last/ How Long Will the Ruble Recovery Last? The Russian ruble is gaining as the price of crude oil edges higher. From the Forex point of view how long will the Ruble recovery last? The price of crude oil, the actions of the U.S. Federal Reserve and monetary policy in Russia will all affect the price of the ruble. According to Bloomberg Business the recent impressive rise of the ruble is testing bank of Russia limits. The ruble’s world-beating gains may soon come to an abrupt end, according to the biggest foreign-exchange trader globally. Citigroup Inc. says the odds are rising that the Bank of Russia starts buying dollars for the first time in almost a year if the ruble climbs to 60 against the greenback, compared with 67.822 on Monday, the strongest level this year. The currency will extend its appreciation into the low 60s, Citigroup said. The ruble has been the Forex world’s best performer in the last month appreciating 11%. One issue for the Russian government is that a cheaper ruble makes oil revenues denominated in dollars go father in paying the bills. The Russian central bank will be replenishing dollar reserves in order to slow the rise of the ruble, seen perhaps as too much of a good thing. How long will the ruble recovery last? The Russians are probably going to aim for the low 60’s in selling rubles for the dollar. How about the Fed and oil prices? U. S. Federal Reserve When the U.S Federal Reserve raises interest rates the US dollar rises and other currencies such as the ruble fall. The recent decision by the Fed to hold interest rates at their current level has driven the dollar lower versus other currencies. Reuters reports that although rates are unchanged the Fed has left the door open for a June hike.

1. By www.ForexConspiracyReport.com

2. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The Russian ruble is gaining as the
price of crude oil edges higher.

3. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
From the Forex point of view how
long will the Ruble recovery last?

4. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
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5. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The price of crude oil, the actions of
the U.S. Federal Reserve and
monetary policy in Russia will all
affect the price of the ruble.

6. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
According to Bloomberg Business the
recent impressive rise of the ruble
is testing bank of Russia limits.

7. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The ruble’s world-beating gains may
soon come to an abrupt end,
according to the biggest foreign-
exchange trader globally.

8. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
Citigroup Inc. says the odds are rising
that the Bank of Russia starts buying
dollars for the first time in almost a
year if the ruble climbs to 60 against
the greenback, compared with 67.822
on Monday, the strongest level this
year.

9. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The currency will extend its
appreciation into the low 60s,
Citigroup said.

10. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The ruble has been the Forex world’s
best performer in the last month
appreciating 11%.

11. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
One issue for the Russian
government is that a cheaper ruble
makes oil revenues denominated in
dollars go father in paying the bills.

12. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The Russian central bank will be
replenishing dollar reserves in order
to slow the rise of the ruble, seen
perhaps as too much of a good thing.
How long will the ruble recovery last?

13. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The Russians are probably going to
aim for the low 60’s in selling rubles
for the dollar. How about the Fed and
oil prices?

14. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
U. S. Federal Reserve

15. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
When the U.S Federal Reserve
raises interest rates the US dollar
rises and other currencies such as
the ruble fall.

16. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The recent decision by the Fed to
hold interest rates at their current
level has driven the dollar lower
versus other currencies.

17. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
Reuters reports that although rates
are unchanged the Fed has left
the door open for a June hike.

18. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
U.S. Federal Reserve policymakers
are seen leaving short-term interest
rates unchanged at a two-day policy
meeting that began Tuesday, but also
to signal that a rate hike is not too far
off as long as the job market and
inflation continue to improve.

19. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The U.S. central bank lifted borrowing
costs in December for the first time in
nearly a decade, but uncertainty over
the impact on the U.S. economy of
slower growth in China and Europe
since the beginning of the year has
driven policymakers to hold off on any
further rate hikes since then.

20. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
A recent string of stronger U.S. data,
including faster-than-expected job
growth in February, has eased fears
in the past few weeks that headwinds
from abroad, and the tighter financial
conditions they sparked at home,
could derail the recovery.

21. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
As such it is a good bet that the Fed
will raise rates a bit in June raising
the dollar and putting a dent in any
continued ruble recovery.

22. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The Price of Crude Oil

23. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
As oil goes up so does the ruble and
oil prices are rising.

24. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
Why is this and how long will it
last? Money Morning asks why the
West Texas Intermediate crude oil
price is climbing.

25. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The factor boosting the WTI crude oil
price today is the bullish sentiment
toward next month’s OPEC and non-
OPEC meeting.

26. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The meeting is set for April 17 and
will feature more than a dozen OPEC
and non-OPEC countries.

27. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
The nations, which include Saudi
Arabia and Russia, will try to agree
on a collective output to stabilize
prices and alleviate each country’s
oil-reliant economies.

28. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
It remains to be seen if OPEC and
non-OPEC nations can get together
to decrease production and cause a
genuine rise in oil prices.

29. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
Usually when one cuts back on
production others jump in to take their
business.

30. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
With the global economy in the
doldrums and China’s economy
putting on the brakes there is no
likelihood of a huge rise in oil prices.

31. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
And to the degree that there is U.S.
fracking operators will resume
exploration and drive prices down
again.

32. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
So, how long will the ruble recovery
last?

33. http://www.forexconspiracyreport.com/how-long-will-the-ruble-recovery-
last/
We don’t think it has much father to
go.