USDRUB D1

Dec 7, 2020

The US Dollar and Russian Ruble currency pair made a significant fall. This is due more to the fall of the dollar than to the stability of the Russian economy and currency. Strong growth in oil prices influenced the strengthening of the American currency. But OPEC's decision on a possible increase in oil production will significantly affect the strengthening of the American currency. Moreover, the situation in the United States is likely to stabilize. Which is not an unimportant factor for the strength of the American dollar. Most likely, we will soon be able to see the growth of the dollar-ruble currency pair.