Significant reduction in the price of oil will not

"Yesterday the markets were falling. Today we are witnessing the opposite tendency ", - comments Bank.ru Philip Lysenko, Head of Research IR" Financial Bridge ". "The euro versus the dollar has stopped falling. But worth noting that the single European currency did not grow along with stock markets. This suggests that the euro continues to pressure the European debt issues. Now on the market situation has stabilized. But in the medium and even long-term problems of the eurozone will occasionally remind myself. Therefore, in 2011, the European single currency will be under pressure. Thus, the euro is now - not the best asset for investment. I note that a weak euro to a greater extent satisfied with the euro zone. Although, of course, collapse and panic on the currency market, they do not need. Euro still remains a reserve currency. Although it is likely that it will cease to be such after what some sharp statements by senior EU officials, or if the possibility of the collapse of the euro will become a reality. Many investors and speculators will continue to leave the euro. Today the situation has stabilized in the oil market. This is to support the ruble. Oil traded near $ 70 a barrel. I do not think that oil prices will drop significantly from this level. In my opinion, the average "black gold" will be traded in the range of 70-80 dollars per barrel. Although, of course, one can not exclude force majeure. Cheap oil is not needed for exporters. Significantly reduced prices will not allow OPEC. Besides continuing global economic recovery, this means that oil demand will grow. Unlikely to fall ruble will strengthen. I think by the end of summer, the dollar will cost in the region of 30-31 rubles. At 17:00 MSK in the UTS MICEX dollar fell to 31.2374 rubles (-0.2774), euro - up to 38.4238 rubles (-0.1313).