Against the background of the publication of the report on labor market of the USA and the cheapening oil the American currency at the end of the trade week has shown a mark higher than 66 rubles for dollar. What factors will affect the foreign exchange market? Photo: depositphotos.com the American currency began to become stronger on Forex, pushing ruble down after the publication of the strong report on labor market of the USA. The spoon of tar was added by the cheapening oil. Besides, participants of the market tried to estimate, how strongly new sanctions against Iran will affect balance of supply and demand in the world market. Also players closed positions before long Russian holidays. As a result for dollar already gave more than 66,25 rubles, for euro — about 75,5. This week the movement of national currency will be defined rather not by(with) economy, but policy. It is unclear, what decisions on sanctions will be made after the congressional elections of the USA? Not clearly also, as there will take place Putin and Trump's meeting which has to will take place in Paris on November 11. What factors will influence ruble, the senior analyst of BKS Sergey Suverov comments: — Judging by forecasts, democrats can get advantage, and then nothing good for Russian ruble shines because the sanctions rhetoric can be toughened, and the term of imposition of sanctions can be accelerated. Besides, influence a situation of price of oil which decrease recently. Also I will note that the tax period which gave support to ruble at the end of October has ended. But I think that so far it isn't necessary to speak about any sharp ruble depreciation, level [will remain] about 67 rubles for dollar. Well, probably, some certain support to ruble this week will be given by expectations from Putin and Trump's meeting, but as Putin and Trump's last meeting has shown, after her there has come some disappointment. Therefore so far expectations of a meeting of Putin and Trump support ruble, but in case of approval of tough sanctions from the congress, of course, there can be rather serious ruble depreciation, he can fall to levels about 70 rubles for dollar at the scenario of sanctions by a national debt or concerning state banks again. — After the extended days off as the Russian foreign exchange market will open? — The Russian currency when opening can lose several tens of kopeks, and this easing will continue by the end of the week. Of course, a lot of things will depend on how there will take place congressional elections of the USA, it can correct these forecasts. Until the situation has cleared up, you shouldn't expect any special changes in the exchange rate of the Russian currency. The movement in the domestic market will begin not earlier than November 7, the head of the analytical department of the Rick-Trust company Oleg Abelev: considers — In the short-term period before the end of the week we will see somewhere around 66 plus or minus 10-15 kopeks, but a lot of things will depend on results of elections. If Trump's reforms are blocked, we will see strengthening of ruble and we can see return 65,5-65,3 aside. — How will the Russian foreign exchange market after the extended days off open? — I think what will open with some ruble depreciation in
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