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15 Dec 2014
Forex Top Movers: USD advances; USD/RUB soars; Oil dragged everything
FXStreet (San Francisco) - The US dollar is trading higher Monday as investors are betting on the greenback after a good set of US economic data. The WTI declined to 56.20, the Brent fell below 62.00 while the USD/RUB soared to 62.00.
Crude oil fell to the lowest since May 2009 as the black gold remains under pressure from weak demand and oversupply. The decline is affecting the stocks as the FTSE lost all its previous gains and Wall Street is trading at daily lows.
On majors, the EUR/USD is falling 0.23% to 1.2420; GBP/USD declines 0.59% to 1.6010; USD/JPY eases 0.53%; the AUD/USD is 0.30% down on the day while the NZD/USD trades 0.43% negative. On the other side, USD/CAD advances 0.38%; EUR/GBP rises 0.38% and the USD/RUB rockets an impressive 7.42% so far today.
The Ruble remains under pressure as Russia lost appeal for investors while oil prices are dragging down the RUB. No mercy for Russian equities as the MICEX is 1.93% negative in the session.
Crude oil fell to the lowest since May 2009 as the black gold remains under pressure from weak demand and oversupply. The decline is affecting the stocks as the FTSE lost all its previous gains and Wall Street is trading at daily lows.
On majors, the EUR/USD is falling 0.23% to 1.2420; GBP/USD declines 0.59% to 1.6010; USD/JPY eases 0.53%; the AUD/USD is 0.30% down on the day while the NZD/USD trades 0.43% negative. On the other side, USD/CAD advances 0.38%; EUR/GBP rises 0.38% and the USD/RUB rockets an impressive 7.42% so far today.
The Ruble remains under pressure as Russia lost appeal for investors while oil prices are dragging down the RUB. No mercy for Russian equities as the MICEX is 1.93% negative in the session.