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USD/RUB slips to new session lows, hitting 71.6860 as Putin's post-Biden meeting press conference gets underway. The Russian President is going through the progress made in the meeting, including:

  • US and Russia are to return ambassadors to their respective capitals
  • To start consultations on cybersecurity cooperation
  • Both sides showed a desire to seek understanding
USD/RUB now eyes first support at the 71.5542 mid-June low, a break through which would mark the lowest rate since July last year.