FXStreet – The Russian currency is traded in the week’s kick-off solid. The currency pair USD/RUB traded accordingly to 56,27 and in order to 1.39 per cent in the Minus.
Price supportive for the Russian ruble is currently in the robust Performance of the North sea Brent, which traded more than 3 percent in the Plus and, most recently, the area around 52,50 dollars tested.
Oil prices are on a broad Front more acted after both the Saudi and the Russian oil Minister to a prolongation of the OPEC production cuts until March 2017 welcome. The members of OPEC meet on the 25. May, to discuss the new agreement.
In the United States, the Empire State Index for the U.S. state of New York as of the reporting month of may, surprisingly, be significantly gloomy. The much acclaimed early indicator fell to -1,00 points of 5.2 previously. In a few moments, the NAHB housing market index will be released.
USD/RUB Key rate brands
The next supports lie at 56,06 (Deep 26. April), 55,67 (Deep 25. April) and 53,03 (Tief 18. June 2015). Technical Resistances are at 57,24 (High 15. May), 58,58 (High 09. May) and 59,07 (High-05. To find may).