UK’s Davis: Not for the Govt to determine the 'right or wrong' fx rate - RTRS

More comments flowing in from the UK Brexit minister Davis, via Reuters, as he continues to make a speech in the parliament this Thursday.

Key Quotes:

“It's not for the Govt to determine what is the right or wrong exchange rate”

“Article 50 implies parallel negotiation on EU exit and future relationship”

USD/CHF once again fails to conquer 0.9900 mark

The USD/CHF pair continued with its struggle to sustain move above 0.9900 handle and has now retraced over 20-pips from session peak, turning negative
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RUB still bullish long term – Danske Bank

Strategist at Danske Bank Vladimir Miklashevsky noted the RUB keeps the constructive perspective in the longer run. Key Quotes “The geopolitical ten
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