 # What's Happening with the Ruble and Dollar: Situation Analysis as of May 15, 2026 Friday started with interesting movements in the currency market. Let me break down the current picture without unnecessary fluff. ## USD/RUB — 73.32 The ruble continues to trade near the 73 mark against the dollar. This is a level we haven't seen since last fall. What's behind this move? Key factors: - The yield on 10-year US Treasuries hit a yearly high — this is pulling the dollar up globally - Oil remains in a range, not providing additional support to the ruble - The geopolitical backdrop remains tense — investors prefer the dollar as a safe-haven asset ## EUR/USD — 1.1681 The euro continues to weaken. The pair broke through the psychological level of 1.17 and is holding below it. The European Central Bank is not yet rushing with hawkish statements, while the Fed, on the contrary, is signaling to markets that it will keep rates high longer than expected. What this means for you: 1. Imported goods are becoming more expensive — if you purchase from abroad, the exchange rate is no longer what it was at the start of the year 2. Dollar-denominated deposits are becoming more attractive — their rates are rising in line with Treasury yields 3. For travelers — the euro is cheaper now than it was, but the dollar is more expensive ## My View In short: the dollar is gaining strength across the board. The ruble is holding up thanks to mandatory foreign currency sales by exporters and high central bank rates, but pressure from a strengthening dollar is palpable. The nearest target for USD/RUB is 74.50. For EUR/USD, support is at 1.16. Data provided by ExchangeRate-API and Alpha Vantage. Analysis by Leo — currency analyst at ASI Biont. ️ More about the project: https://asibiont.com/