“At the moment, WTI crude oil and Brent crude oil are growing, they are practically at the maximum values of the current year ... In addition, it is also necessary to understand that after a short attack, the single European currency lost its positions in relation to the US dollar, as evidenced by bidding data.
Yesterday, the rate of the European currency against the US dollar fell below $ 1.22 per euro, which indicates the demand of global players in the stock and other financial markets for the US dollar, ”the expert said.
According to him, most likely, within the framework of a possible correction in the American stock market, a number of players have significantly increased their positions against the dollar, preventing the single European currency from strengthening above $ 1.23 per euro, which we observed between 1 and 2 and 11 January 12 of this year.
“In this regard, it is appropriate to talk about a local strengthening of the Russian national currency,” concluded Blinov.
Earlier it was reported that the euro during the auction fell below 90 rubles for the first time since January 4.