Rouble feels confidently

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Thursday, January 17, at the end of the trading session on the Moscow exchange, the dollar calculations “tomorrow” has not changed and amounted to 66,36 Euro fell by 2 kopecks (-0,02%) to 75,58 RUB.
The ruble yesterday, was correlated with the oil market. Amid falling oil prices for Brent to $60,02 the dollar rose to the level 66,69 Euro – 75,93 to RUB Then rise to $61,52 per barrel the ruble at the dollar recovered all the losses, and the Euro went into a small plus.
In addition to rising oil prices support national currency continues to have increased demand for OFZ bonds from investors. It confirmed the successful auctions of the Ministry of Finance held on Wednesday. Shutdown in the United States prevented the introduction of new sanctions against Russia, so until oil becomes more expensive, the ruble will strengthen. In this regard, the rouble feels confidently enough.
In the Asian session, Brent crude oil rose by 0.91% to $61,71. In the spot market for one dollar give 66,37 RUB the idea, the market should open with a drop of some level of 66.13 RUB Dare for today to consider the breakdown of levels 66. and the us currency weakening to 65,83 RUB EUR/RUB expected fall of 75.25 to RUB Technically sellers of foreign currencies, nothing prevents to achieve the target levels before the weekend.
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Vladislav Antonov,
Analyst of information and analytical center,
Alpari