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Some Currency Analysts Predict that Russian Ruble may Further Strengthen To 85 Rubles/$1 This Week
Jan 22, 2024
Although a strong momentum in ruble at the beginning of this week isn’t yet expected, thereafter traders will likel...
Russian Ruble Forecasted to Stay Strong, Supported by Exporters’ Revenue Repatriation and Stabilization of Crude Prices
Nov 13, 2023
The Russian ruble further strengthened against both USD and EUR on Monday, November 13, with USDRUB pair dropping t...
HAMAS-Israeli War Oil Impact: ‘There is Definitely Going to Be a Fear Trade Put in Place’
Oct 09, 2023
Markets are braced for a continuous ascension of oil prices after Hamas launched a deadly terrorist attack on Israe...
Oil Prices Accumulated Critical Count of Bullish Factors, so The Question isn’t If but When
Aug 15, 2023
Brent prices have now registered seven consecutive weeks of gains as tighter fundamentals continue to lay a stronge...
Biggest Oil ETF Survived Record Cash Withdrawal as Brent Tops $85
Aug 01, 2023
According to Bloomberg, oil exchange-traded funds posted their largest week of outflows for more than a year, led b...
Russian Ruble Resumed Strengthening to Below 90/USD
Jul 25, 2023
In general, the mood for technical correction after excessive RUBUSD weakening last two weeks was well anticipated...
Ruble and Other Soft Currencies Dropped as U.S. Q1 GDP Grew at 2%, up from the 1.3% Reported Earlier in GDP Survey, Further Strengthening USD
Jun 30, 2023
Russian ruble is ending Q2 and 2H 2023 near its lowest values since March 2022. Yesterday, on June 29, the USDRUB p...
With Oil Prices Being Cool So Far on Quota Reductions, OPEC+ Producers Weigh More Production Cuts
Jun 05, 2023
Oil prices have finally tilted towards a more consecutive growth after Sunday’s OPEC+ decision: currently frontal m...
Russian Ruble Slumped Again Because of Rising Risk of New Sanctions
May 17, 2023
The Russian ruble yesterday, Tuesday afternoon, continued to decline against the leading global currencies, while u...
Crude Oil Again Dived Disregarding Recent OPEC+ Efforts
May 01, 2023
U.S. WTI crude oil is shedding another 0.7% today to settle at $75.11/bbl, while Brent crude oil is slipping toward...
CBR’s Chinese Yuan Interventions to Stabilize Plummeting Ruble Don’t Yield Much Effect
Apr 04, 2023
The Russian ruble is trading near yearly lows on Tuesday, April 4th morning, with a lower supply of export earnings...
OPEC+ Showed Accord to Push Oil Back towards USD100 Mark
Apr 03, 2023
As many investors and traders know by now, OPEC+ announced “unexpected” production cuts of more than 1 million barr...
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