Forex Analytics of LiteForex of 01.11.10: Rouble consolidates in pairing with USD

With the start of the trading session at the MICEX currency session the Russian Rouble is growing in pairing with the USD copying the pair EURUSD dynamics at Forex. Positive sentiments at the global capital markets are also in favour of the Russian Rouble.

Thus trading session for the USD started at the level of 30.68 roubles which is 15 kopeks less than the level on Friday; the EUR started movement at the level of 42.94 roubles (+4 kopeks).

Dual currency basket value declined by 7 kopeks today and amounted to 36.18 roubles.

Growing oil prices provide additional support to the Rouble on Monday.

Presumably the pair Rouble/Dollar will be in the channel of 30.50-30.85 roubles for the USD at the trading session today.

 

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