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FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
The EUR/RUB currency combination focuses on the relationships between two of the largest and most influential economies: the Eurozone and Russia. The correlation between them often hard to predict, because although the financial performance is affected by many shared factors, there are also numerous divergent influences affecting the relative countries. Widely traded across much of Europe, the pair can be an extremely useful tool for the diversification.
Traders usually start making long-term decisions and looking for the main trend on EUR/RUB in the second half of the trading session: from 4 pm. The dynamics of the chart is minimal this time.
This pair is influenced by a complex of political and economic factors. Among the main ones are the Russian Central Bank rate decisions. The euro exchange rate is one of the significant indicators of the financial system of the Russian Federation.
If you are interested in trading the EUR/RUB, contact FxPro today to open trading account in several minutes and test your strategy.
client accounts
FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
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