HALISTER1: Sell EUR/RUB Among Top 2017 FX Trades at Danske Bank

Sell EUR/RUB Among Top 2017 FX Trades at Danske Bank

(Bloomberg) -- Danske Bank recommends selling 9-month EUR/RUB risk reversal and buying put at 68.4209 financed by selling a 77.5000 call, strategist Vladimir Miklashevsky says in research note.
  • While RUB will benefit from economic recovery, prudent fiscal policy, sustainable current account surplus, high real rates, there’s risk of weaker EUR on back of political uncertainties linked to elections in EU
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Source: BFW (Bloomberg First Word)

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Vladimir Miklashevsky (Danske Bank A/S)

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