If I had to find an explanation, I would say that Russia is selling Euro and buying gold/US$ as a revenge against the bad deal with the Cyprus situation.

A weak Euro is very good European exports. Will Japan buy the Euro and the US$ to compensate?



Pascal

Name:  Gold.gif
Views: 608
Size:  28.6 KBName:  Euro.gif
Views: 620
Size:  32.3 KB