Alfa-Bank has predicted the explosive collapse of the ruble
Alfa-Bank predicts will soon “explosion” of the volatility in the foreign exchange market, in particular, in a pair of ruble – dollar, reports RNS citing a senior analyst at Bank Alan Kazieva.
According to him, as soon as possible sharp rise of the dollar above 74 rubles., The probability of such an event he estimates at 70%. However, he does not rule out the return movement of the pair ruble – dollar.
“Today, our focus again, the dollar / ruble, which in recent months (two) are consolidated in the range of 64,5-67 rubles. Accordingly, the output of this range to determine further trade direction. With regard to the nature of the motion, it will be explosive because during the “quarantine period” speculators was discovered quite a number of positions both in one and in the other direction, “- notes the analyst.
According to him, will be a sharp volatility, regardless of market direction. However, the growth of the ruble analyst believes with difficulty.
“Frankly, I do not believe in the 50 rub. for dollar “, – he explained Kaziev.
Senior analyst of “Alpha” recommends to build up dollar positions after the rate rise to 67 rubles.
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