RUB: Sanctions extension still fits positive scenario – Commerzbank

💡 DMK Insight

A potential peace breakthrough could significantly boost the Russian Ruble, and here’s why that’s crucial for traders right now: If sanctions ease, we might see a surge in capital inflows into Russia, which would strengthen the Ruble against major currencies. Traders should be watching for any signs of diplomatic progress, as this could trigger a rapid shift in market sentiment. The Ruble’s performance is closely tied to oil prices, so keep an eye on crude benchmarks—any rally in oil could further support the Ruble’s value. However, it’s worth noting that optimism can be a double-edged sword. If the peace talks stall or if sanctions remain in place longer than expected, the Ruble could face renewed pressure. Traders should monitor key levels around recent highs and lows to gauge momentum. Watch for volatility spikes around geopolitical news, as these can create both risks and opportunities for savvy traders looking to capitalize on market reactions.