Two tactical trades for today:
EM: Sell USDRUB. Entry: 41.96 in spot. S/L 42.09. T/P 41.61
– Tax deadlines today and tomorrow (MET and Corporate profit), means some supply from exporters is highly likely
– Russian stock market +1.5% today, getting a boost post successful election in Ukraine, while RUB lags.
– Hike by the CBR this Friday more and more likelyG10: Sell EURUSD at 1.2720/25 (exact lev can depend on data/price action). Stop 1.2780, target 1.2665 (or just keep trailing stop if it goes to plan).
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