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Overview: oil is reaching for $62, the ruble remains in the outset, not in response to the Ministry of Finance

Forex Club 11.01.2019 at 12:28

The Price of oil (March futures Brent) on Friday 11 January to 14.47 MSK increased by 0.4% to 61,91 dollars per barrel.

the Market of "black gold" keeps a positive attitude and trying to get to the round 62 dollars per barrel Brent for the first time since December 13 of last year. Support comes from the total demand of investors in world markets for risky assets. After trade negotiations between the US and China, held in the beginning of the year, increased the chances of progress and prevent trade wars between the two largest economies in the world.

the Ruble on the background remains stable and the dollar slides against Euro amid growth of the European currency on forex above $ 1.15 to$. The announcement by the Ministry of Finance of the Russian Federation the volume of purchases of foreign currency in January-February did not affect the exchange rate dynamics of the ruble. The Agency will buy the budget rule from 15 January to 6 February, the currency 265,8 billion.

In summary, 14.45 GMT Friday "American" increased from the start of trading by 0.04% to 66.94 ruble, the Euro by 0.3 percent to 77.16 ruble. The ruble price of a barrel of Brent crude has risen around 4,15 thousands. Until the end of the day, the U.S. currency will be in the range of 66,3-67,50 ruble, Euro – in the hallway of 76.5-77.9 ruble.

Market, USA, dollar, oil, ruble, Forex club

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