* Only if Margin Level > 100%
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
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.