The ruble strengthened against the dollar and the Euro

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The ruble ended the day on Tuesday higher by 29 cents – 63,15 ruble EUR/RUB rose 19 cents, to 73.61 ruble against the background of rising oil prices, according to data Libertex. Oil prices were supported by the publication of the data of the American petroleum Institute that showed a decline in reserves of “black gold” in the United States for the week ended 29 June, 4.5 million barrels more than analysts had expected.
U.S. stocks rose on 0,decreased by 0.5-0.86% amid a decline in securities of the technology sector. In the end, the Dow Jones industrial average on Tuesday fell by 0.05% to 24174,82 points, the index of high-tech companies NASDAQ – on 0,86%, to 7502,67 points, the index of wide market S&P 500 – by 0, of 0.49%, to 2713,22 points, according Libertex.
In the morning the newly formed neutral external background: Asian markets are trading mixed, oil prices rose and fixed above 78 dollars per barrel.
Today US exchanges not traded in connection with the celebration of independence Day in the US, Asian markets are trading mixed: the Australian index S&P/ASX 200 rose by 0.51 0.3 percent, the index of Shanghai stock exchange Shanghai Composite falls by 1.12 to 1.25%, Nikkei 225 by 1%. The rising oil prices and the proposal of the Finance Ministry OFZ unable to support the ruble. In our view, USD/RUB protorguetsya in between the range of 62.6-63.7 per ruble. EUR/RUB is likely to potorgovat in the area 73-74,25 rubles.
Ivan Marchena,
GK Forex Club