USD/RUB volatility rises as Kremlin responds to Trump Ukraine comments

USD/RUB experienced heightened volatility, trading in a 75.50-76.20 range following Kremlin's measured response to Trump's statements about the Ukraine conflict. The Russian ruble faced pressure as geopolitical uncertainty increased after reports suggested Trump had inquired about Ukraine intensifying strikes against Russia. Moscow stated readiness for negotiations while criticizing Washington and Brussels for enabling continued conflict. The currency pair's movements reflect market concerns about potential escalation and its impact on sanctions and trade flows. Technical analysis shows USD/RUB consolidating near the 76.00 psychological level, with resistance at 76.50 and support at 75.00. Traders are closely monitoring diplomatic developments and their potential impact on energy markets, given Russia's role as a major oil and gas exporter. The uncertainty has also affected broader emerging market currencies.