Originally Posted by irfubar
Hey Houston I was close.... you are missing the macro picture by focusing on the micro.....
Let me guess things are fine in the suburbs of Houston?



Actually and specifically on the Ruble value issues, if one believes that the supposedly scheduled peace talks bears fruit between Russia and the Ukraine then a play on the Ruble and on the Euro might prove to be very lucrative.

And if Russia avoids debt bonds defaults that would be another big plus from where both currencies now stand in relation to the usd$.