Rouble continues to weaken against the dollar within the trend world markets

Dmitry Mayorov. Ruble Wednesday night continued to be adjusted down against the dollar and slightly grow the Euro on the background of the weakening of European currencies on Forex. Cheap oil (around $ 100 per barrel for Brent) supports play on the reduction of the national currency of the Russian Federation. The tax period does not provide ruble much cheaper.

The dollar calculations " tomorrow " to 18. 55 GMT rose 7 cents to 36, 25 ruble, the Euro fell by 2 pennies to 48, 17 ruble, follows from the data of capital exchange. The value of the currency basket (0, 55 dollars and 0.45 euros) grew by 3 pennies compared With the level it was last closed and was 41, 62 of the ruble.

The dollar calculations " today " on Wednesday increased by 8 cents to 36, 27 ruble, the Euro fell 13 cents to 48, 18 of the ruble.

The Euro on the Forex to 18. 55 MSK was equal to 1, 3286 dollar against 1, 3318 dollar on the previous closing.



The ruble on Wednesday continued to slide down under the influence decreased to the level of $ 100 per barrel of Brent crude oil. Black gold depreciates against the background of increased supply from Libya and reducing tension in Iraq.

However, the results of the examination of Vladimir Bragin from UK " Alfa-Capital ", currently on the currency market of the Russian Federation has been in a situation where the risks associated With external news background and decreasing oil prices are offset by the high cost of rouble funding and bounce up quotes ruble-denominated assets. In addition, the oil, Despite the decrease is still not emerged from the corridor 100-110 per barrel, he added.

While the dollar / ruble exchange Rate continued to show a more steady than the Euro amid the similar dynamics of the American currency on Forex. In the bidding process, environment, the Euro fell below the key level 1, $ 33 for the first time Since September 2013.

Support for the dollar has a positive U.S. macroeconomic statistics, which gives the fed the ability to further minimize the program of quantitative easing of monetary policy QEIII. The tightening of monetary policy is pushing the dollar up.



From a technical perspective, the pair dollar/Ruble again crept to the top of the range in which it is consolidating for more than five trading sessions, says Ivan Kopeikin from BCS Express." The breakdown of dollar up mark 36, 3 increases the probability of the cast to its rapid growth in the area of 36, 6 and have a pretty good chance that in the near future it will happen, " he added.

" Despite some growth in demand for rubles, which may soon start because of tax payments to the Russian exporters, At the present time, there remain significant risks of increased geopolitical risks in Ukraine, and have already entered the punishment will be for a long time to exert pressure on the Russian economy, " said Kopeikin.

given the low trading activity in the market and in anticipation of the first day of the week the payment of the severance tax, the Ruble before the end of the current week may feel some Support, says Maxim Korovin from the organization " VTB Capital ".


sections: Politics