USD/RUB corrects from fresh daily highs as Ukraine crisis escalates

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USD/RUB corrects from fresh daily highs as Ukraine crisis escalates
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USD/RUB corrects from fresh daily highs as Ukraine crisis escalates By ross_burland USDRUB RussianFederation Technical Analysis

Russia and Ukraine crisis forces RUB lower, all eyes on West response to Kremlin's latest move.cools off following a frantic day of headlines related to the Ukraine crisis that saw the pair rally to fresh daily highs of 80.7170. USD/RUB is currently trading at 80.2140 after touching a corrective low of 80.1370.

The West is responding with sanctions. President Biden signed an executive order Monday imposing sanctions that target two Russia-backed breakaway republics in eastern Ukraine.

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