Wednesday, November 11, 2026

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FxWirePro: USD/RUB pares oil induced losses, bounces of day's lows at 64.75

Russian rouble traded stronger early on Thursday, helped by higher oil prices and healthier risk appetite on global markets Brent crude oil, a global benchmark for Russia's main export, was up 1.1 percent at $48.9 a barr…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

  • Russian rouble traded stronger early on Thursday, helped by higher oil prices and healthier risk appetite on global markets

  • Brent crude oil, a global benchmark for Russia's main export, was up 1.1 percent at $48.9 a barrel

  • USD/RUB hit session lows at 64.69, the pair has bounced off lows and is currently trading at 65.30 

  • Russian share indexes were mixed on Thursday, reflecting moves in the rouble

  • Dollar-denominated RTS index was up 0.9 percent, to 796 points, while its rouble-based peer MICEX traded less than 0.1 percent lower at 1,641 points

  • Oil prices are likely to continue to determine the direction of the rouble in the near future

  • Immediate resistance for the pair is seen at cloud top by 66.11, while support on the downside is located at 55 EMA at 64.08

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By FxWirePro Team