Russian ruble

[Chris Mac]

CZK is over-overbought. So be ready to take profits at any time if it is over-over-overbought . For example USDCZK @ 20 should be a great target .

I will add USDCZK @20.5 is a good price to take profits ! Maybe 20 is still reachable... But on a ST basis, 21 / 21.5 is more probable.

CM

 

[TraDaToR]

I will add USDCZK @20.5 is a good price to take profits ! Maybe 20 is still reachable... But on a ST basis, 21 / 21.5 is more probable.

CM

I still hold half of my CZK. I will wait for a real consolidation before exiting.

 

[maxinger]

I see that USD RUR is available from CME.
the volume traded looks rather pathetic.

anyone trade USD RUR on other more liquid exchange?

 

[GazFx]

I see that USD RUR is available from CME.
the volume traded looks rather pathetic.

anyone trade USD RUR on other more liquid exchange?

Liquidity is a big issue, and hence, wide open spreads. I'm with IC Markets and Tickmill, and their spreads right now are 180 pips and 284 pips respectively on the USDRUB. That said, if you can hold a short position for the medium to long term you should pick-up some nice capital gains, and very decent overnight swap fees. Unforunately, you'll have to wait out the current Ruble depreciation to take advantage.

 

[maxinger]

Ruble futures available from CME, Budapest, Dubai, ICE US exchanges.

volume from CME is very low.
well. Time to explore liquidity from other exchanges.

 

[pipeguy]

Ruble futures available from CME, Budapest, Dubai, ICE US exchanges.

volume from CME is very low.
well. Time to explore liquidity from other exchanges.

Moex maybe? best liquidity which you can find but don't know the details of access for foreign citizens

 

[maxinger]

Moex maybe? best liquidity which you can find but don't know the details of access for foreign citizens

I see that we can get Moscow Exchange futures
and Moscow Exchange Currencies
data feed to Esignal charting software.

Not sure if that include Ruble futures. I presume it should/must.

as you mentioned, don't know if we can trade through Moscow exchange.

 

[pipeguy]

There is also an option to trade USDRUB on brokers like Hotforex, IC markets or Tickmill but their swaps.. sometimes it's unacceptable if you expect to make profit on carry trade