What currencies will be on top in November

04.11.2021

Expert on the stock market BCS “World of Investments” Mikhail Zeltser revealed the most attractive currencies for savings at the end of autumn.

According to the specialist, multidirectional trends await the global currency market in the next few months, from the point of view of savings, the Russian ruble and the US dollar will be the most interesting currencies. “It’s not all so clear about the ruble: now the domestic currency, especially taking into account the dollar’s position on the world stage, is the strongest in the world,” the analyst said.

Meanwhile, if you choose between the dollar and the euro, the expert believes, the American dollar looks more interesting. He recalled that a meeting of the American Central Bank will take place on November 3, at which the reduction of quantitative programs in the United States may be launched. “Secondly, commodity markets may already begin the cooling process against the background of the next but the most powerful wave of the pandemic,” Zeltser said.