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Russian Ruble to Euro (RUB/EUR) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: September 20, 2024 (7:15)
Reverse forecast: EUR to RUB
Ruble / Euro price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Ruble (RUB) to Euro (EUR) | 1 | 1 | 1 | |
| 200 Ruble (RUB) to Euro (EUR) | 1.9 | 1.9 | 1.9 | |
| 500 Ruble (RUB) to Euro (EUR) | 4.8 | 4.8 | 4.8 | |
| 1000 Ruble (RUB) to Euro (EUR) | 9.6 | 9.6 | 9.7 | |
| 3000 Ruble (RUB) to Euro (EUR) | 28.8 | 28.7 | 29 |
How much will the RUB/EUR currency pair cost in 2024, 2025 and 2026? What is the forecast for the RUB/EUR currency pair? What is the target price of the Ruble / Euro currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Ruble rise or fall against the Euro?
Identifying the trend of the RUB/EUR currency pair
The current trends in the Euro's positioning reflect a complex mix of influences that may impact the RUBEUR exchange rates in the short term. Speculative positions have seen a slight decrease, indicating a marginally bearish sentiment due to cautious investor behavior amidst market uncertainties. This would suggest a potential weakening of the Euro, thus affecting its valuation against the Russian Ruble.
Further, the nearly three-week high the Euro has achieved against the US Dollar during the build-up to the Federal Reserve's meeting hints at a neutral outlook with a slant towards possible stability. However, Ferrari's share buyback program creates a positive tone, potentially boosting investor confidence in the Euro.
Overall, investors should brace for potential short-term fluctuations in the RUBEUR rate, influenced by both broader economic cues and localized Eurozone initiatives. While the sentiment largely provides a neutral perspective, external developments such as the US CPI impacts and corporate activities like Ferrari's buybacks could contribute to slight shifts in this currency pair's exchange rate landscape.
EUR Trend Forecasting
Regarding the EUR currency, 20 news pieces were analyzed. The average relevance of these news items is 0.45 (the closer to 1, the higher).|
2024-09-18
|
Neutral | Impact: 0.06 | News: 1 (0/1/0) |
|
2024-09-16
|
Neutral | Impact: 0.05 | News: 4 (1/3/0) |
|
2024-09-13
|
Bullish | Impact: 0.16 | News: 3 (2/0/1) |
|
2024-09-12
|
Bullish | Impact: 0.11 | News: 3 (2/1/0) |
|
2024-09-11
|
Neutral | Impact: -0.14 | News: 2 (0/1/1) |
|
2024-09-10
|
Bullish | Impact: 0.22 | News: 2 (2/0/0) |
|
2024-09-09
|
Bullish | Impact: 0.32 | News: 2 (1/1/0) |
|
2024-09-06
|
Bullish | Impact: 0.24 | News: 2 (1/1/0) |
|
2024-09-05
|
Neutral | Impact: -0.02 | News: 1 (0/1/0) |
Euro Approaches Three-Week High Versus US Dollar Amid Fed Meeting Anticipation
September 18, 2024 (11:17)
Trend: Neutral
Influence: 0.06
The Euro's rise near a three-week high against the US dollar indicates cautious optimism ahead of the Federal Reserve meeting. While the overall sentiment is neutral, market participants are likely balancing expectations of potential Fed actions that could influence currency strength.
Canadian Market Anticipates Mixed Opening Amid Earthquake Concerns
September 16, 2024 (13:27)
Trend: Neutral
Influence: 0
The EUR exchange rate remains unaffected as the situation discussed primarily impacts the Canadian stock market and involves no immediate economic factors directly related to the Eurozone. The neutral sentiment suggests that there is minimal to no anticipated impact on the EUR due to local events in Canada.
This chart provides a comparative trend analysis of sentiment scores over time for RUB and EUR currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Ruble/Euro currency pair
The chart below shows the historical quotes of the RUB/EUR pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Ruble/Euro rate can be found in the table below.
Long-term forecasts by years.
EUR Main News
Dollar Weakens Amid Lower CPI, Affecting EUR Exchange Rate
September 16, 2024 (13:25)
Trend: Neutral
Influence: -0.03
The U.S. Dollar's slight decline due to softer CPI readings indicates potential lower inflation, impacting its strength against the Euro. This has created a marginally neutral to negative sentiment for the Euro as it may affect its competitiveness and trade balances.
Ferrari N.V. Updates on Share Buyback Program
September 16, 2024 (13:26)
Trend: Somewhat-Bullish
Influence: 0.29
The purchase of shares by Ferrari as part of its substantial buyback program signals confidence in its market position, fostering a positive impact on its stock value and by extension, contributing to a somewhat bullish sentiment towards the Euro. This confidence may lead investors to perceive the Euro as a more stable and attractive currency, given Ferrari's significant role in the European market.
Speculative Positions on Euro Marginally Decrease
September 16, 2024 (07:20)
Trend: Neutral
Influence: -0.08
The slight reduction in net long positions indicates a marginally bearish sentiment among large speculators, possibly due to increased market uncertainty or risk aversion. This small shift could contribute to a neutral or slightly negative impact on the EUR exchange rate, reflecting cautious investor behavior.
Today's Silver Strategy: Buy Dips with Key Level Insights
September 13, 2024 (01:19)
Trend: Somewhat-Bearish
Influence: -0.18
Expectations of a Fed rate cut have boosted silver prices, which in turn impacts industrial commodities. This situation has contributed to a somewhat bearish sentiment on the EUR, as investors favor commodities over European currency in response to fluctuating metal prices.
India's Forex Reserves Soar to Record $689.24 Billion
September 13, 2024 (12:03)
Trend: Bullish
Influence: 0.37
The significant increase in India's forex reserves suggests a stronger economic position which could attract more foreign investment, creating upward pressure on India's currency relative to the EUR. This, in turn, might have a bullish impact on the EUR, as investors consider shifting focus from emerging market currencies like the INR to more traditionally stable ones such as the EUR.
Euro Rises to Weekly Highs After Lagarde's Remarks
September 13, 2024 (06:36)
Trend: Somewhat-Bullish
Influence: 0.28
The euro's rise to a one-week high is attributed to recent comments from Christine Lagarde that markets interpreted as favorable for the currency. The 'Somewhat-Bullish' sentiment suggests increased investor confidence in the EUR, likely due to expectations of positive economic measures or policies.
ECB Cuts Interest Rates Again, Boosting Bitcoin and Stocks
September 12, 2024 (16:58)
Trend: Somewhat-Bullish
Influence: 0.18
The European Central Bank's decision to lower interest rates typically weakens the EUR as investors seek higher returns elsewhere. However, the somewhat bullish sentiment may suggest that the market anticipates the potential for stronger economic growth or a subsequent rate drop from the Fed, which could buffer the EUR from a steeper decline.
Euro Trades Near One-Month Low in Anticipation of ECB Rate Decision
September 12, 2024 (11:48)
Trend: Neutral
Influence: -0.1
The euro's position near a monthly low reflects investor caution as they await potential policy changes from the European Central Bank. The uncertainty surrounding the ECB's decision is keeping the sentiment towards the euro cautious, reflecting a possible market reaction based on the monetary policy stance.
GE T&D Shares Surge After Securing Multiple Orders
September 12, 2024 (04:22)
Trend: Somewhat-Bullish
Influence: 0.26
The rise in GE T&D India's share price by 4.44% may have contributed to a somewhat bullish sentiment on the EUR, as it reflects positive economic activity and potential increased foreign investments involving European companies. This optimism likely supports a stronger EUR exchange rate in the forex markets.
ED Raids in Axis MF Front-Running Probe in Major Indian Cities
September 11, 2024 (15:23)
Trend: Neutral
Influence: -0.04
The investigations into front-running at Axis MF signal potential instability in markets, which can lead to risk aversion among investors. As a major currency, the EUR could be negatively impacted due to reduced investor confidence in emerging markets.
Statkraft AS Issues SEK 500 Million Green Bonds at 3.21%
September 11, 2024 (12:57)
Trend: Somewhat-Bearish
Influence: -0.25
The successful issuance of Statkraft's green bonds primarily in SEK suggests a potential shift in investor interest towards the Swedish krona, potentially reducing demand for the euro. As this issuance may encourage more investment in SEK-denominated assets, it has resulted in a somewhat bearish sentiment for the EUR.
Ferrari N.V.: Update on Share Repurchase Activities
September 10, 2024 (14:17)
Trend: Somewhat-Bullish
Influence: 0.29
The announcement of Ferrari's continuation of substantial share buybacks signals financial confidence and stability in European markets, thereby generating a slightly bullish sentiment towards the Euro. By reinvesting in its own shares, Ferrari may positively influence investor perception, potentially leading to increased demand for the Euro.
IMF Suggests Alternative Currencies May Gain Prominence in a Fragmented World Economy
September 10, 2024 (07:17)
Trend: Somewhat-Bullish
Influence: 0.15
The IMF's observation of increasing geoeconomic fragmentation suggests a potential shift towards alternative currencies, which is sparking some interest and optimism for the EUR. This shift may position the euro as a stronger candidate in a more fragmented global monetary landscape, leading to a somewhat bullish sentiment.
Completion of Share Buyback Programme by DEME Group NV
September 9, 2024 (15:30)
Trend: Bullish
Influence: 0.5
The completion of DEME Group's share buyback programme positively impacts investor confidence, leading to a strengthening of the EUR. This bullish sentiment suggests that investors view the buyback as a sign of the company's financial health and long-term growth potential.
Speculators Increase Euro Net Long Positions
September 9, 2024 (09:02)
Trend: Neutral
Influence: 0.13
The rise in net long positions suggests increasing confidence among large speculators in the Euro's future value, although the neutral sentiment indicates market participants remain cautiously optimistic. The moderate sentiment score reflects a balanced outlook, with no extreme price movements anticipated in the short term.
Comprehensive Analysis of News and Events influencing the RUBEUR currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Ruble/Euro currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Ruble / Euro Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Sep 22 | 0.0096 | 0.0095 | 0.0097 | 1.46 % |
| Sep 23 | 0.0096 | 0.0096 | 0.0097 | 1.35 % |
| Sep 24 | 0.0096 | 0.0095 | 0.0096 | 1.39 % |
| Sep 25 | 0.0097 | 0.0096 | 0.0098 | 1.27 % |
| Sep 26 | 0.0096 | 0.0096 | 0.0097 | 1.15 % |
| Sep 27 | 0.0096 | 0.0095 | 0.0096 | 1.77 % |
| Sep 28 | 0.0096 | 0.0096 | 0.0097 | 0.97 % |
| Sep 29 | 0.0096 | 0.0095 | 0.0097 | 1.43 % |
| Sep 30 | 0.0096 | 0.0096 | 0.0096 | 0.81 % |
| Oct 01 | 0.0096 | 0.0095 | 0.0096 | 1.15 % |
| Oct 02 | 0.0096 | 0.0095 | 0.0096 | 1.74 % |
| Oct 03 | 0.0095 | 0.0095 | 0.0096 | 1.44 % |
| Oct 04 | 0.0094 | 0.0094 | 0.0095 | 1.65 % |
| Oct 05 | 0.0094 | 0.0093 | 0.0095 | 2.05 % |
| Oct 06 | 0.0092 | 0.0092 | 0.0093 | 1.03 % |
| Oct 07 | 0.0093 | 0.0092 | 0.0094 | 1.78 % |
| Oct 08 | 0.0092 | 0.0092 | 0.0093 | 1.13 % |
| Oct 09 | 0.0093 | 0.0092 | 0.0093 | 1.21 % |
| Oct 10 | 0.0094 | 0.0093 | 0.0095 | 1.42 % |
| Oct 11 | 0.0094 | 0.0094 | 0.0095 | 1.11 % |
| Oct 12 | 0.0094 | 0.0094 | 0.0095 | 1.37 % |
| Oct 13 | 0.0095 | 0.0095 | 0.0096 | 0.98 % |
| Oct 14 | 0.0095 | 0.0094 | 0.0095 | 1.09 % |
| Oct 15 | 0.0094 | 0.0094 | 0.0094 | 0.70 % |
| Oct 16 | 0.0093 | 0.0093 | 0.0094 | 0.81 % |
| Oct 17 | 0.0093 | 0.0092 | 0.0093 | 1.32 % |
| Oct 18 | 0.0094 | 0.0093 | 0.0095 | 1.90 % |
| Oct 19 | 0.0095 | 0.0095 | 0.0096 | 1.57 % |
| Oct 20 | 0.0096 | 0.0096 | 0.0097 | 1.28 % |
| Oct 21 | 0.0097 | 0.0096 | 0.0098 | 1.84 % |
Target daily price RUB/EUR
Target values of the RUB/EUR currency pair as of 09-22-2024.
Optimistic target level: 0.0097
Pessimistic target level: 0.0095
Target values of the RUB/EUR currency pair as of 09-23-2024.
Optimistic target level: 0.0097
Pessimistic target level: 0.0096
Target values of the RUB/EUR currency pair as of 09-24-2024.
Optimistic target level: 0.0096
Pessimistic target level: 0.0095
Target values of the RUB/EUR currency pair as of 09-25-2024.
Optimistic target level: 0.0098
Pessimistic target level: 0.0096
Target values of the RUB/EUR currency pair as of 09-26-2024.
Optimistic target level: 0.0097
Pessimistic target level: 0.0096
Ruble / Euro (RUB/EUR) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct | 0.0094 | 0.0093 | 0.0097 | 3.96 % |
| Nov | 0.0095 | 0.0093 | 0.0095 | 2.02 % |
| Dec | 0.0093 | 0.0092 | 0.0094 | 1.86 % |
RUB/EUR forecast for this year
Forecast of the RUB/EUR pair for Oct 2024
Forecast of the RUB/EUR pair for Nov 2024
Forecast of the RUB/EUR pair for Dec 2024
Ruble / Euro (RUB/EUR) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0095 | 0.0093 | 0.0096 | 3.36 % |
| Feb | 0.0095 | 0.0093 | 0.0096 | 3.57 % |
| Mar | 0.0092 | 0.0090 | 0.0093 | 3.87 % |
| Apr | 0.0091 | 0.0090 | 0.0092 | 2.33 % |
| May | 0.0092 | 0.0089 | 0.0093 | 4.38 % |
| Jun | 0.0091 | 0.0089 | 0.0093 | 3.63 % |
| Jul | 0.0093 | 0.0092 | 0.0094 | 2.03 % |
| Aug | 0.0093 | 0.0091 | 0.0095 | 3.95 % |
| Sep | 0.0092 | 0.0091 | 0.0094 | 2.97 % |
| Oct | 0.0093 | 0.0091 | 0.0094 | 2.76 % |
| Nov | 0.0091 | 0.0089 | 0.0093 | 4.32 % |
| Dec | 0.0092 | 0.0090 | 0.0094 | 3.97 % |
Ruble / Euro (RUB/EUR) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0094 | 0.0092 | 0.0095 | 2.28 % |
| Feb | 0.0095 | 0.0093 | 0.0097 | 3.75 % |
| Mar | 0.0094 | 0.0093 | 0.0094 | 1.70 % |
| Apr | 0.0095 | 0.0093 | 0.0097 | 4.21 % |
| May | 0.0096 | 0.0094 | 0.0098 | 3.94 % |
| Jun | 0.0098 | 0.0096 | 0.0099 | 3.90 % |
| Jul | 0.0097 | 0.0096 | 0.0099 | 3.42 % |
| Aug | 0.0100 | 0.0099 | 0.0102 | 2.16 % |
| Sep | 0.0099 | 0.0097 | 0.0101 | 4.76 % |
| Oct | 0.0097 | 0.0094 | 0.0099 | 4.28 % |
| Nov | 0.0096 | 0.0094 | 0.0097 | 3.21 % |
| Dec | 0.0097 | 0.0096 | 0.0100 | 3.30 % |