Analysis of the euro to ruble exchange rate. Online dollar exchange rate, stock quotes. Online exchange rate charts for the dollar, euro, and Brent oil. What affects the euro exchange rate

02.11.2023

Depends on many factors. It is determined at MICEX trading. According to this information, the official rate set by the euro against the ruble for the next day becomes known approximately always at the same time. This data is used in:

  • accounting calculations,
  • taxation,
  • official calculations.

The decisions of the ECB have a decisive influence on the indicators. It uses the interest rate as the main mechanism for controlling inflation processes and the speed of economic development. In anticipation of its increase, the euro rises against the ruble.

Factors influencing the growth of the euro

The euro exchange rate for tomorrow may change by several points at once. This depends on the demand for the US national currency. Economic news is also important. When investors transfer funds from one currency unit to another, there is an increase or decrease in the price of the currency. It is noted that when demand for the dollar falls, demand for the euro increases. This increases its cost.

Among the factors influencing the exchange rate is the ECB's decision on problem states that are members of the Commonwealth and have large debts. Especially it concerns:

  • Portugal,
  • Greece,
  • Spain,
  • some other countries.

All of them rose to a higher level of development through loans.

GNP growth, industrial production and unemployment rate.

Statement by Financial Institution CEOs on the Business Expectations Index. For example, the receipt of information from the manager about the development of ways to stabilize the euro strengthens his position in the foreign exchange market.

Elections and political crises. These points often negatively affect the dynamics of the euro exchange rate due to their uncertainty. Geopolitical confrontations lead to a decrease in the speed of development, so the currencies of all parties to the conflict begin to “sag.”

Why know the euro exchange rate?

Many businessmen, heads of state and municipal entities closely monitor the ratio of the ruble to the euro. Based on this data, analysts make a forecast that allows them not only to make profitable transactions, but also to invest money. The graph shows how the current state of affairs is changing at the present time.

Our service offers to study the purchase or sale of euros at the best prices, as well as. The best offers from presenters are highlighted in yellow. The euro exchange rate online changes in the current time mode. But users can always:

  • explore the archive,
  • see what changes are happening on the stock exchange,
  • make your own forecast.

The observations of leading banks and investment funds are also of great importance. The market's reaction to them may be different, regardless of how reliable the forecasts are.

Knowing the euro to ruble exchange rate is important not only for those who are looking for the most profitable option for investing money or for deciding to take out a loan. This information is useful for political scientists, economists or financiers. At the macroeconomic level, this knowledge makes it possible to fight inflation and reduce interest rates. This promotes production growth and eliminates the consequences of unemployment.

We suggest finding out the euro exchange rate for today in Russia. The information is provided in a convenient table that allows for comparative analysis. All data is provided by banks and exchange offices. If you need to draw up a chart yourself, you can look into the archive yourself and see how the ruble-euro ratio has changed recently.

Are you going to have a cash exchange of euros or a non-cash transaction of this currency? This page will help you save time and get acquainted with the offers of all banks, where the euro exchange rate in Moscow banks, as well as in large exchange offices, is indicated. Thanks to the information presented on the site, you will always know where the sale or purchase of euros can be carried out in Moscow, and when exactly it is worth carrying out such a transaction.

What information can you find on our website?

On this resource you will find all the necessary information for making a profitable exchange in euros. Among them:

  • Euro exchange rate in Moscow exchange offices today;
  • forecast for this indicator for tomorrow;
  • exchange rate dynamics.

The resource also indicates which exchanger currently has the most installed. The data on the resource is constantly updated, so you can always find the best option for exchanging euros here.

How can I use data on the euro exchange rate?

Please note that the presented euro exchange rate for today is for informational purposes only. It can be used for preliminary economic calculations, as well as for choosing a bank where it will be possible to sell or buy currency in the near future. Immediately before purchasing it, you should contact the credit institution itself and clarify their current exchange rate.

The euro exchange rate today is directly dependent on how trading went on the Moscow Interbank Exchange. Based on these data, the Central Bank announces current values. This happens at approximately 11.30 Moscow time. Central banks of different countries use different techniques for generating official information.

The most recent data is considered to be the exchange rate at the moment. It is these indicators that banks often use to maintain current indicators, so they can be used as the main criterion when buying or selling currency in exchangers. If a significant correction occurs between 11.30 am and the close of trading, the difference between the official, commercial, and exchange rates will be significant.

How to find a favorable euro exchange rate?

We suggest finding out which banks have a favorable euro exchange rate. For convenience, the information is given:

  • in the table;
  • on the chart;
  • official websites of banks.

You can easily go to the desired page of the financial institution in one click. We also show official data from the Central Bank of the Russian Federation. You can use them to identify the best data and calculate using a calculator.

The site presents another popular service. With its help, you can find out how currency data has changed over the years and make your own personal forecast.

How to find out the commercial euro exchange rate?

It is through this that the purchase and sale of foreign money occurs. Everyone has seen that at the entrance to the bank there is a board on which current prices are displayed. A special feature of the commercial rate is that the difference between buying and selling is greater than in the interbank market.

The euro exchange rate in exchange offices today also depends on trust in this monetary unit. If citizens prefer the euro in order to protect their savings, this leads to increased demand and an increase in the exchange rate. Movements may also depend on other factors, from natural disasters to statements by significant individuals. Therefore, it is not always possible to predict the course for tomorrow or in the long term. Because of this, many people buy euros at a favorable rate, taking into account current indicators.

Being the most popular and most liquid currency pair, it attracts the attention of financial specialists around the world who develop their trading plans on this instrument. A novice investor will always be able to find a lot of fairly high-quality analytics, and an experienced player will receive a stable and liquid instrument for increasing capital.

Euro-Dollar forecast (online) for today

The euro to dollar forecast has different timeframes and meanings. It is best to pay attention to the strongest forecast - Active buy or Actively sell. In addition, it is worth saying that a strong signal will be the repetition of one signal on all timeframes.

Forecast Euro - Dollar compiled based on a variety of technical analysis and does not include fundamental indicators.

Euro to Dollar (EUR USD) exchange rate for today and for all time

Visually examining the chart of the euro/dollar exchange rate, you can see that the quote trades price levels well, as if giving the opportunity to exit a losing position with minimal losses even to the most leisurely trader. In general, the EUR/USD chart is a reference in terms of technology for all other banknotes of developed countries.

general characteristics

The currency pair is an extremely popular instrument.

More than a third of the total trading volume on the foreign exchange market comes from the Euro-Dollar quote.

This is explained by the scale of the economies of national currencies.

The base currency is the euro, the dollar is the quote currency. That is, the euro/dollar exchange rate tells you how many dollars you need to pay for one euro.

  • If positive news comes out in America and you predict a rise in the dollar, then you need a quote sell.
  • If you predict the growth of the European currency against the dollar, then you need a quote buy(in this case, the exchange rate increases, since more and more dollars will need to be paid for 1 euro)

In the Forex market with quotes, they work in standard lots of $100,000. Brokers provide the opportunity to trade fractional lots and work with extremely small volumes, down to 1 euro. Euro-Dollar futures are traded in lots of 1,000 euros with a guarantee amount of only 3,500 rubles.

Factors influencing EUR USD and what the exchange rate depends on

The main influencing factors that can change EUR USD quotes are centered around the monetary policy of the United States. There are several levers that help the Fed regulate and otherwise change the flow of funds:

  • Open market interventions;
  • Increase or decrease in the discount rate;
  • Managing the level of reserve requirements.

The Fed Board can directly change reserve requirements and the discount rate. A special committee works with open market operations. By making changes in one of three factors, the Fed affects the volume of funds and ultimately changes the physical relationship between the US dollar and other currencies, including the euro. Thus, the Fed’s decisions are priority factors in the long-term existence of the EURUSD currency pair.

The primary factor influencing EUR/USD is the Federal Reserve's government funds rate. This is the indicator by which credit institutions (banks) pay interest on a daily loan. The US financial regulator changes the interest rate when the national currency needs to be strengthened or weakened. Traditionally, such actions have a significant impact on both the currency and stock markets.

European Central Bank or for short « ECB" regulates the monetary policy of the European Union countries. The main decisions on the European currency rate are made by the board, which is formed from representatives of national banks of EU member countries.

The primary goal of the ECB is financial stability and complete overcoming of the consequences of the global financial crisis of 2008.

Like most reserve currencies, the euro/dollar reacts accordingly to political instability. As an example, we can cite changes in the composition of parliaments and cabinets in countries such as Great Britain, France or Germany.

Serious financial problems of all members of the European Union could negatively affect the euro exchange rate. This can be seen in the dynamics of euro prices during the economic crisis in Greece and Spain. The release of macroeconomic statistics is also a very important factor influencing the strengthening or weakening of the European currency.

News of primary importance comes from Germany. This is due to the fact that Germany is the largest economy in the European Union, leaving the UK and France in second and third place. The most important information is the state of the gross national product (GNP), indicators of theoretical and real inflation, growth ratesor falls in industrial production and unemployment claims rates. In Germany, the lion's share of statistics falls into the majority of published financial market indicators. It is important to take into account the budget deficit and the effectiveness of current measures aimed against a recession in the economy.

How to trade Euro-Dollar profitably

There is a strong inverse correlation between EUR/USD and , showing the approximate relationship between the euro and the franc. This is due to the fact that the financial condition of Switzerland itself is very dependent on the economic and political events of the European Union. Most often, a decline in the euro and dollar is followed by an immediate collapse in EUR/CHF. In rare exceptions, the situation repeats itself, but exactly the opposite. There is also a significant correlation with the pair due to the correlation between the pound and the euro.

In order to make money on the euro-dollar, a trader will need some skill. Quick trades in 15 or even five minutes allow you to make significant profits. A high degree of trading and excellent liquidity makes the euro/dollar the most popular instrument on the international foreign exchange market.

Frequent fluctuations of this quote allow you to implement the most daring and risky trading strategies. , or combined indicators (such as) will be able to provide fairly accurate entry points. Exit from positions can traditionally be based on breaking through the price channel. When working with charts of 1 day or more, exiting a position and reversing can also be done based on the intersection of moving averages.

Example

For trading we chose a broker and a derivative financial instrument - . Only here can you get the maximum profit with the simplest analysis of the euro-dollar exchange rate.

The thing is that to make money on options, you only need to determine the future direction of the quote. Options have a fixed profit that does not depend on the level of price changes.

First, let's select an asset:

Let us indicate the expiration time of the option:

We did a little analysis, compared the forecast for the euro dollar and came to the conclusion that the quote EUR/USD will continue to fall in the near future. In the option conditions, we entered the amount and clicked the button DOWN — fall forecast:

Features of the EURUSD currency pair

The Euro-Dollar has a so-called cross rate effect. The euro/dollar exchange rate is often influenced by changes in the prices of currency pairs in which the dollar is not present ( for example EUR/CAD or EUR/AUD). The rate may decline due to the release of positive statistical data and news from Japan, which will be transmitted through the movement of the EUR/JPY pair.

The greatest trading activity occurs during two trading sessions in a row - American and European, but often the peak of trading occurs during the intersection of trading sessions from 16:00 to 18:00 Moscow time.

The main feature is the ease of forecasting a currency pair due to the huge flow of information, at the same time, thanks to it, it is often difficult for a trader to determine the direction due to the dominance of news. However, the Euro-Dollar currency pair is an indicator for many strategies due to its volatility and liquidity.

If you find an error, please highlight a piece of text and click Ctrl+Enter! Thank you very much for your help, it is very important for us and our readers!

This section of our website is entirely devoted to the analysis of the euro/dollar currency pair. According to well-known world statistics, the EUR/USD pair on Forex is the most popular; as a rule, up to 80% of trading transactions on the market occur with this pair. That's why Forex forecast EUR/USD also the most popular section of our website. Here you will always find high-quality reviews and forecasts of the EUR USD exchange rate for today and tomorrow.

Forex forecast Euro Dollar (EUR/USD) for tomorrow

Through technical analysis of the four-hour euro chart, our specialists can provide traders and investors Forecast Euro Dollar (EUR/USD) not only for today, but also for tomorrow. Analysis of the H4 chart remains relevant the next day; trading levels and targets can also be available within several days. As we can see, recently the pair has been trading within a sideways trend and this makes the Forex forecast reviews for the Euro Dollar (EUR/USD) for tomorrow even more relevant.

EUR USD forecast online

We publish daily analytics on the euro dollar; as part of the reviews, our traders offer the most current trading ideas with open transactions on the price chart. Therefore, we can safely call this format for providing forecasts EUR USD forecast online.

Euro Dollar (EUR/USD) forecast for today

Of course, if a review is made for tomorrow, it remains valid for now and until the end of the current day, unless cancellation levels have been reached Forex forecast EUR/USD for today. To stay up to date with the latest euro dollar forecasts for today, save this section to your bookmarks, and you can always quickly return to the section EUR/USD forecast and assess the market situation.