Wednesday, October 16, 2019

Currency market Oil pushes Ruble

Currency market. Oil pushes Ruble to 59

The ruble was able to grow up a little before 59.80 in
mainly due to the positive dynamics of oil prices. Brent was able to gain a foothold
above a strong psychological level of 50.00 dollars. / bbl. All other factors
They spoke in favor of the sales of the Russian currency.



Abstracting from the completion of the tax period,
reducing the demand for the ruble. Forget about the fact that a bill to expand sanctions
against Russia, it was adopted by a majority vote in the US House of Representatives. Even
not going to think about the rising dollar in anticipation of the Fed meeting on
monetary policy. Continued on site GK FOREX CLUB





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