The Impact of Summer Period on Dollar, Euro, and Yuan: Insights by Vladislav Antonov

2023-06-27 04:03:20

According to Vladislav Antonov, in the summer period one should not expect three-digit indicators for such currencies as the dollar and the euro.

– 86 rubles is an intermediate level of resistance on the way to the zone of 89-90 rubles, so now the dollar has opened the way to the level of 90 rubles. Regarding the yuan, two levels can be distinguished: from 12.10 to 12.45 rubles. For the euro, the nearest target is the level of 95-96 rubles, – listed the BitRiver analyst. – According to preliminary data of the first half of the year, the dollar rose once morest the ruble by almost 20%, the euro became stronger than the ruble by 26%, and the yuan added 19% to the Russian currency.

At the same time, the surrender of the ruble of its positions does not yet cause concern among the Russian monetary authorities (Bank of Russia. – Approx. ed.). Moderate devaluation is under control, so even during this period it is better to refuse to buy toxic currencies, Vladislav Antonov is sure.

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