The ruble will fall against the dollar before the long weekend

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The dollar by the close of trading environment has increased to 56.76 ruble EUR/RUB dropped to 69,74 of the ruble as the findings Libertex. The price of oil is virtually unchanged by the close of trading on the data on commercial reserves of “black gold” from the American petroleum Institute (API), according to which for the week to 16 February, they decreased by 907 thousand barrels. In early trading, the price of oil is reduced by 0.6% to 65,02, a dollar per barrel. The main pressure provided by the publication of the fed minutes published on Wednesday evening. The members of the Federal open market Committee, the fed came to the view that with the growth of the us economy, further tightening of monetary policy appropriate.
Us stocks Wednesday fell in the range of 0,22-0,67% (Dow Jones industrial average has decreased on 0,67% – to 24797,78 points, the index of high-tech companies NASDAQ – on 0,22%, to 7218,23 points, the index of wide market S&P 500 by 0.55%, to 2701,33 points), according Libertex. Publication of protocols fed has had a major impact on the dynamics of trading.
Market players on Thursday will expect official data on stockpiles from the US Department of energy. In Russia this week, the last workday before the long weekend. Against this background, the pair USD/RUB may try to overcome the level of 57 per dollar, and EUR/RUB protorguetsya in the range 69,15-71.3 ruble.
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Ivan Marchena,
Analyst
Forex Club