The US dollar has good growth prospects against the Russian ruble. This week the OPEC countries will be sitting down. On which, most likely, a decision will not be made to reduce oil production, which may lead to a drop in oil prices, or leave its cost in the same price range. Such a situation with the oil market can be a good stimulus for the growth of the dollar and a negative factor for the ruble and the Russian economy as a whole, because its economy depends mainly on the sale of oil, for which there is already low demand.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.