The national currency of Ukraine pushed the dollar on the interbank market and by the end of the day its quotes fell back to the levels of 27.625 / 27.645 hryvnia. A situational surplus of currency at the end of the active phase of trading allowed the NBU to buy back about $ 20 million at 27.63.
Dollar rate against hryvnia forecast for Friday, July 31st: 27.63...
Liquidation from margin calls and all round market fear - As you can see we have hit the low in our bullish channel so next week I will be looking for a daily bull candle to close.
A great bargain buy for gold IMO.