“In the last week, the euro did not show positive dynamics.
Last week, the euro exchange rate fell against the dollar, but today the euro-dollar pair is rather sluggish.
In relation to the ruble, the euro is too overbought.
In part, this is due to the fact that there is such a harsh rhetoric regarding Ukraine, ”Milchakova said.
According to her, "frightened currency speculators" are afraid of geopolitical risks and tough sanctions against the ruble.
“The expectation of sanctions turns out to be worse for the ruble exchange rate than the sanctions themselves.
I think that, most likely, a reason for correction will arise, probably, when the United States sends Russia written answers to the questions it asked.
The very fact may cool this geopolitical tension a little.
Most likely, in early February, the situation should be discharged in a more positive direction, ”the expert concluded.
Earlier it was reported that the euro during the auction on January 24 rose above 89 rubles.