This pair is very sensitive to the crude oil volatility as the Russian economy … Cookies are small, simple text files stored in your computer, tablet or mobile phone when you visit a website or use an app. "Should I trade EUR/RUB pair today?" Euro falls after ECB holds fire, dollar jumps as spreads widen. USD/RUB Forecast Russian Ruble July 30, 2020 implies an attempt to test the support level near the 71.55 area.
Russian ruble (RUB) to USD: current rate and forecast The rate of Russian ruble to foreign currencies including USD is based on the rates of Moscow Stock Exchange (MICEX).
These predictions take several variables into account such as volume changes, rate changes, market cycles. According to our Forecast System, EUR to RUB Forex pair is a not so good long-term (1-year) investment*.
Meanwhile, the most recent daily data suggests that the foreign portfolio investors resumed inflows in September despite the foreign policy jitters. An additional signal in favor of the growth of the dollar against the Russian ruble will be a rebound from the support area. Russian Ruble Forecast USD/RUB April 29, 2019. Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices. USD/RUB has been showing a rising tendency so we believe that similar market segments were very popular in the given time frame.
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Past success does not guarantee future profit !! You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. Jessica Silver-Greenberg and Michael Corkery. I want to use all functionalities on this website. FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved. The recent drop in the Brent price from the range-bound US$45/bbl to below US$40/bbl could be a pressure factor for the current account in 4Q20. The monthly current account slid from a US$2.3 billion surplus in July to a US$1.3bn deficit in August (Figure 1), presumably as the reopening of foreign travel to the popular destinations, such as Turkey propelled the imports of services and outweighed the effect of some relaxation in the OPEC+ oil supply restrictions since last month.