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RUB Subject To Downside Risk, EUR/USD To Recover

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 23, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Russian economy is still suffering. Retail sales, which surged to 5.1% m/m in March are expected to decline by -1.6% m/m. Consumer spending is very volatile and it may be difficult for the Russian Central Bank to assess the current economic outlook as policymakers will need to make decisions[​IMG]

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