Friday, October 16, 2026

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USD/RUB slides below 54, next target 51.667

Source: Thomson Reuters USD/RUB slides below 54 even as crude oil/MICEX dips on day Next targets are at 51.667, late Dec low, then 50.228 76.4% Fibo of Oct-Dec surge Local banks note strong foreign & local RUB buying, ex…

By Jay L. Zagorsky
1 min read
USD/RUB slides below 54, next target 51.667
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Source: Thomson Reuters


  • USD/RUB slides below 54 even as crude oil/MICEX dips on day

  • Next targets are at 51.667, late Dec low, then 50.228 76.4% Fibo of Oct-Dec surge

  • Local banks note strong foreign & local RUB buying, exporters largely absent

  • Some players latch onto RUB rebound, CBR's FX repos the likely cause

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By FxWirePro Team