The Russian ruble is on a charge of late, and that could lead to interest rate cuts and a further rebound of the country’s largely commodity-tied equity sector.

 

Ruble Rally Powers Ahead (Forbes)

On March 10, 2010, in Russian Ruble, by Forex News

Tax payments will only add to the momentum next week as the Russian currency hits a 14-week high.

 

Euro rebounds, gains on dollar (AFP via Yahoo! News)

On March 10, 2010, in Euro, by Forex News

The euro staged a modest turnaround against the dollar Wednesday in featureless trading as dealers looked for signals on prospects for the world economy and a proposed European monetary fund.