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Saxo Traders: Rouble drops on Ukraine crisis

Saxo Bank’s forex traders latest update includes seeing further weakness in the Russian rouble off the back of the Ukraine crisis.

They also explain that volatility in dollar yen has dropped, and the downside seems to be supportive.

Furthermore, FX option vols have reached a one-year low and the traders think it doesn’t look like that is going to “change anytime soon”.

01:28 minutes
Tags: currencies, currency, dollar yen, forex, fx, fx trading, japanese yen, rouble, rouble and ukraine, rub, ruble, russia, russian currency, saxo bank, saxo bank trading, saxo investing, saxo traders, saxo tv, traders, trading fx, tradingfloor.com, ukraine, ukraine crisis, us dollar index, usdjpy, video

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