Ruble: investors Have no fresh ideas

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The Russian ruble is today gradually retreats to a basket of currencies. Investors have lost the thread of events, and while the external environment is heterogeneous, prefer to stand aside and watch. The dollar to date is trading at 65,38 RUB (+0,2%). Euro rises 0.15 percent is 73,37 RUB.
The Bank of Russia set for Friday, April 5, the following foreign exchange rates: 65,32 RUB/USD and RUB 73,42/EUR. Both estimates revised to increase by 16 and 25 cents respectively.
The correction in oil is not yet possible, “bears” on the ground there, but they are insufficient. A barrel of Brent is near $69,50. Investors have already factored in the quotes mixed statistics on stocks of raw materials, now is the time to rest before Friday’s Baker Hughes report.
On the one hand, in the OFZ sector there is a demand, and it’s good for the Russian currency. Other site long time no fresh trading ideas, and it is a straight road to “sideways”. The US dollar will spend the rest of the Euro within 65,10-RUB 65,65 € 73,10 corridor-73,65 RUB.
_______________ Anna Bodrova,
Senior analyst at information-analytical center,
Alpari