Euro forecast for the end of July. Expert forecasts: what affects the euro

Please note that installed central bank exchange rates do not change on weekends! In the table below you can see the dollar and euro exchange rates for today, tomorrow and a week ahead. If you are interested in the future fate of currencies, follow the news and track quotes updates.

Current exchange rate on the InstaForex exchange

Forecast of the dollar and euro for a month

What determines the dollar exchange rate, factors affecting exchange rates

If you are interested in buying or selling euro or dollar, the exchange rate is for you important indicator every day. Today both monetary units show significant volatility. This is primarily due to political factors.

What affects the exchange rate of the US dollar and the euro:

• decisions made by diplomats in the framework of international cooperation. Yesterday, Angela Merkel announced her readiness to reach an agreement with Russia - the euro fell slightly against the ruble. Tomorrow Donald Trump will issue a new package of sanctions - the dollar will skyrocket. So if you want to play currency exchange or earn money by buying/selling currencies, you need to follow political news;
• economic situation in the country and in the world. Yes, even economic shifts within Russia affect the position of the ruble, respectively, and the exchange rate of foreign currencies against it;
• decisions of the Central Bank. It is known that at the beginning of the aggravation of relations with Europe and the United States, the Central Bank of the Russian Federation tried to balance the jumps in exchange rates against the ruble using its own resources. Today, the volatility of the dollar and the euro has slightly decreased, and the containment system of the Russian banking network has played a significant role in this.

Previous Price Forecasts

We all remember the times when the dollar exchange rate did not exceed 35 rubles, and the euro was at the level of 39-45 rubles. Unfortunately or fortunately, these rates have not appeared on the scoreboard in banks for several years and exchange offices. Below is our forecast of exchange rates for a few days before the rapid fall of the ruble. This information is presented just like that, for memory ...

Dear visitors of the site "Currency Rate Forecast for Tomorrow", we draw your attention to the fact that the forecast of the dollar and euro exchange rates is given for informational purposes only and cannot be regarded as a guide to action! We are not responsible for the accuracy of these forecasts, as exchange rates depend on a huge number of factors and even the most experienced trader, broker, financier (yes, in general, anyone) will not be able to predict the exchange rate for tomorrow, a week or a month with 100% accuracy!

Constantly monitors euro to ruble exchange rate. Below is a report on the change in the Euro exchange rate during July 2017. You will find information such as Euro cost for each day in July 2017, minimum, maximum and average cost Euro. Price Euro is a market-weighted average (for fiat currencies, the exchange rate of the Central Bank of the Russian Federation is given).

Graph of the change in the Euro against the ruble for July 2017

Below is euro to ruble exchange rate chart for each day for July 2017. Average price Euro calculated as weighted average Euro price on the market. For national currencies The graph shows the exchange rate of the Central Bank of the Russian Federation.

Euro to ruble exchange rate table in July 2017

Euro to ruble exchange rate table in July 2017 includes the Euro exchange rate for each day and the change in the Euro exchange rate. The change in the value of the currency is calculated as in absolute terms, that is price change Euro in rubles, as well as in relative terms, that is change in the value of the Euro as a percentage.

The minimum, maximum and average exchange rate of the Euro against the ruble in July 2017

The table shows minimum, maximum and average exchange rate of Euro to ruble in rubles in July 2017. For the minimum and maximum course The date on which this course fell is indicated.

In July 2017 Euro cost in rubles changed in the range from 67.2016 RUB to 69.7005 RUB with an average value of 68.6209 RUB. At the same time, the minimum average daily price per Euro was recorded on July 4 (67.2016 RUB), maximum value of Euro in July 2017 dated July 26 and amounted to 69.7005 RUB. hesitation Euro exchange rate within a month 2.4989 RUB.

Unlike the domestic ruble, the forecast for the euro exchange rate is quite favorable, if we calculate its position for July 2019. Based on the data presented in our article in the table by day, you can be sure that soon the European currency will be able to strengthen its position on foreign exchange market.

Prerequisites for the growth of the euro

Experts have little doubt that growth is expected soon European currency. The opinions of experts are divided only on a single point. Some confidently say that the European currency is expected to rise sharply, while others note that the growth will be insignificant.

A few months ago, there was no confidence in the growth of the euro. But now, according to analysts, the situation has changed dramatically.

Many generally believe that the “golden time” is coming for the euro. Being in a long calm, the European currency, as if woke up and decided to build itself new way in the foreign exchange market.

It is not difficult to understand what caused such changes. Elections in France had a positive impact on the European currency. The next elections in the European space are ahead.

Analysts are sure that no global surprises can be expected from the elections in Germany. In this regard, no shake-ups or races are foreseen in the European space. Political stability in the European space has a positive effect on the exchange rate.

The scandal with Russia significantly reduces the level of confidence in the US authorities. Although the price of the dollar is also rising, bankers and traders are paying attention to the strengthening rate of growth of the euro. Some financiers are confident that the value of the European currency will exceed all previous forecasts.

Sberbank and other Russian banks are expected to see significant capital inflows from abroad. Against this background, there may be a surplus in the account of transactions carried out in the Eurozone. These facts also act as a mechanism for the appreciation of the euro.

What affects the course

The world economy is one of the significant factors affecting. In order to predict what the ruble, dollar or euro will be like, it is necessary to assess how stable the world economy is.

Also on the ratio currency pair"Euro-ruble" is affected by:

• the cost of oil;
• anti-Russian sanctions;
• monetary policy of many world banks.

There are a lot of negative factors observed in the global economy. Financiers do not undertake to make a 100% forecast regarding exchange rate formation. Analysts carry out calculations on the basis of which they build their hypothetical versions.

Forecast from Sberbank

Sberbank specialists also predict the growth of the euro. At the same time, many believe that the euro will cost about 90 rubles, but only by the end of this year.

Sberbank analyst data

When creating a forecast, specialists operate with predictable and unpredictable factors.

Predictable factors include events that can be foreseen in advance. In particular, these include:

• high level of inflation;
• change in key rates;
• interstate relations between Russia and America;
• oil price;
• geopolitical situation.

Analysts point out that if the UK leaves the European Union this year, such an action will seriously shake the euro. The exit will lower the exchange rate first to and then to the ruble. At the same time, analysts note that this may happen towards the end of the year. Accordingly, these circumstances are unlikely to significantly change the rate in July.

Data from independent financiers

But the cost of petroleum products can dramatically change everything. If only the price of oil increases and reaches 80 dollars per barrel, the price of oil will decline.

Similarly, the fall of the euro can be expected if a new oil field is discovered in the near future.

The following events can act as unpredictable factors:

• catastrophes;
• cataclysms;
• war.

All these events have a negative impact on exchange rate formation.

Many analysts, when creating a forecast of the exchange rate, necessarily study the tables exchange rate for the same period last year. This allows you to note individual patterns, take into account all the factors that may affect the course.

It is very difficult to make an accurate forecast of the euro exchange rate for July 2019. Anyone who thinks about the rationality of acquiring a European currency is recommended to study the data presented in the tables by day. These tables clearly demonstrate that the euro exchange rate will change during the month, but by the end of July it will grow, albeit slightly.

Like any other foreign currency, the euro is in constant turmoil. And despite the seemingly stable economic situation, in recent years it has grown significantly. Before the global crisis came to our country, and it happened in 2014, you could buy 1 euro for 40-50 rubles. A huge and sharp jump in the euro was seen on Black Friday, when the euro hit the mark of 76 rubles. But even this did not become the final point in the history of the rapid rise of the euro currency.

In 2015, the euro exchange rate against the Russian ruble increased by 11.3291 rubles. for 1€. Maximum cost euro for the year was recorded in the second half of August and amounted to 81.1533 rubles, and the minimum - in mid-April and amounted to 52.9087 rubles. The exchange rate grew 6 months out of 12, and the most serious change occurred in February, when the euro lost 10.1043 rubles in a month. The value of the euro changed the most in August, when the exchange rate fluctuations exceeded 15.2 rubles, and the weakest - in November. The euro added the most in January, following which it grew by 14%, and lost in February, when its price decreased by 13%.

In 2016, the euro exchange rate against the Russian ruble fell by 15.8284 rubles. for 1€. The maximum value of the euro for the year was recorded in the second half of January and amounted to 91.1814 rubles, and the minimum - at the end of December and amounted to 63.0214 rubles. The exchange rate was declining for 9 months out of 12, and the most serious change occurred in March, when the euro lost 6.5637 rubles in a month. The value of the euro changed the most in January, when the exchange rate fluctuations exceeded 11.5 rubles, and the weakest - in September. The euro added the most in July, following which it grew by 4.3%, and lost in March, when its price decreased by 7.9%.

In 2017, the euro rose moderately against the ruble. The rate grew over 6 months and increased by 5.7543 rubles over the year. for 1€. The maximum value of the euro in 2017 was recorded in early August and amounted to 71.9527 rubles, and the minimum - in the second half of April and amounted to 59.6124 rubles. The value of the euro changed the most in February, when the exchange rate fluctuations exceeded 5.0 rubles, and the weakest - in October. The euro added the most in June, following which it grew by 6.4%, and lost in February, when its price decreased by 4.7%.

In 2018, the euro rose moderately against the ruble. The exchange rate grew over 2 months and increased by 2.3515 rubles over the year. for 1€. The maximum value of the euro in 2018 was recorded in the first half of February and amounted to 71.3943 rubles, and the minimum - in the first half of January and amounted to 67.8841 rubles.

Are there any prerequisites for growth?

The sharp rise in the euro at the exchange rate was announced by experts in the field of forecasting. They believe that the perfect combination of events in recent weeks has allowed the single European currency to pull ahead by several positions. Judging by the situation recent months, the euro is in a state of "perfect storm. The euro has already been released like a genie from a bottle - and in principle the way has been paved for the continuation of the correction in the foreign exchange market. The balance of political risks shifted in favor of the European currency after the elections in France, and no negative surprises should be expected from the elections in Germany. So while the sky in the Eurozone is calm, the policy in the US pleases the euro with its negative denouement.

The scandal with Russia also undermines confidence in the government in America, against which not only the euro, but also the dollar is getting stronger. Traders and bankers also note the possible rate of growth of the euro. In fact, the currency is still undervalued, it is expected that the effect will exceed all forecasts, but whether it will be long-lasting is not yet clear. In addition, the euro is still benefiting from strong gains despite the recent drop in PMIs. IN Russian banks also expecting an influx foreign capital and a solid account surplus current operations in the Eurozone. This fact will undoubtedly continue to stimulate the appreciation of the euro. However, there are rumors that we shouldn't be surprised if euro turnover disappears in the short term, as it has been a meteoric rise for the currency in recent times.

What affects the exchange rate of the ruble against the euro?

If you delve into the bowels of the world economy, then all the processes taking place in it are quite difficult to control. The ratio of the currency pair also depends on what level it has reached and how stable it is. The exchange rate of the euro against the ruble, first of all, depends on the cost of oil, not so imposed sanctions against Russia, and monetary policy the most influential banks in the world.

Everything that is happening today in the world economy is the influence of a combination of many negative factors. On this moment exchange rate formation is a complex process, no professional can predict it 100%, only make approximate calculations.

Euro exchange rate forecast for July 2019

In April 2019, the Euro exchange rate will slightly decrease, and previous events will certainly contribute to this forecast. In the first half of the month, the euro exchange rate will be 75.53 rubles. The second half of the month will be marked by a sharp depreciation to 74.5 rubles per unit of the European currency. Thus, the negative growth for the month will be 1.03%. Indicated value euro is predicted on the basis of factors and events collected by methodologists of various bureaus, and may be incorrect to one degree or another. Calculations can be adjusted by methodologists depending on changes in factors affecting the exchange rate, forming a fresh forecast. In general, 2019 will be extremely favorable for speculation, volatility will be high. The forecast accuracy for such a period is 80%.

The specialists believe that European zone stocks are no longer able to exert significant pressure on capital inflows in the near term. Analysts perform a wave analysis of the euro, which assumes that the market moves in 5-wave patterns higher or lower.

What is the best currency to invest in?

If, for all the instability of the situation, you nevertheless decided to invest your savings in euros, then it is better to do this before April 2019. All other times, the rate will move downward, and this trend will continue until the end of 2019. Experts do not yet give accurate forecasts, and some advise not to rely on the euro at all and just wait and not rush to invest until the situation in the world stabilizes.

Especially for you, the latest euro exchange rate forecast for July 2017 has been compiled. Attempts to predict the future often lead to a dead end if you rely not on psychic abilities, but on logic and facts. Experienced analysts agree with this, since their forecasts are more like astrological ones. Due to instability in the world market, as well as in the oil market, experienced analysts often make mistakes in their forecasts.

GDP in Russia 2017

Concerning Russian experts, here the opinions are almost the same, analysts are sure that in 2017 year of GDP will increase to 1.7 percent, the Ministry Economic Development promised 2.4 percent. Foreign experts are not so optimistic, they set a maximum at 1 percent, relying on the increase in oil prices and the easing of the tension that was caused by the sanctions.

German Gref, who is the head of Sberbank, said that our country is losing ground in competition with other countries. He explains this primarily by the country's dependence on oil, and until this situation changes, Russia will not be able to switch to high-tech production.

To date, there are several forecasts for the euro exchange rate for July 2017. Let's get to know them:

1. The optimistic forecast assumes that in July the euro will cost 60-62 rubles. That is, some experts suggest that the price of the euro will fall. I want to immediately note that today at the level of 62 rubles there is an important support level, which has already been tested twice. If the price breaks this level, then under the influence of the actions of speculators, the price will actually be able to fall a few points even lower, that is, to about 60.
2. The second forecast says that in July the price will fluctuate in the range of 62-64, which, in my opinion, is the most likely, since the price of the euro has been in this range since May 2017.
3. Other experts suggest that the price of the euro will break through the resistance level, which is located at 64. If this happens, the price may jump up a few more points due to speculation in the market.

Policy of the European Central Bank

According to many experts, the euro exchange rate forecast for July 2017 depends most of all on the policy of the European Central Bank. The “easing” policy caused instability in the market, which led to the weakening of the euro against all world currencies. Representatives of the Central Bank personally acknowledged the problems in the economy. In their opinion, main reason is the government's lack of willingness to take up the challenge of globalization. decline interest rate, which was supposed to act as a counter to the recession, received a negative assessment from experts. They were afraid to go over the expected rate of inflation.

Forecast for the euro/dollar pair

Janet Yellen's latest statement that there are no factors to strengthen the dollar today is somewhat reassuring. However, the German bank - Deutsche Bank - said that by the end of 2017 the euro will cost less than the dollar. This will definitely not happen in the coming months, as today the dollar is depreciating against all world currencies.

Many big banks also suggest that in the future the euro will continue to fall. To date, the euro/dollar pair has been experiencing an uptrend, which has been going on for quite a long time - more precisely, since the beginning of 2017. Today the price has reached important level resistance, which is at the level of 1.12, if the price breaks this level, then it can grow by a few more points due to the activity of speculators. The last time the price was at this level was in September 2016. A breakdown of this resistance level is unlikely (as experienced speculators believe) and most likely this pair will soon see a correction, that is, a price rollback down.

Attention: This forecast has been compiled for informational purposes only and is not a guide to action.

This was the most recent euro exchange rate forecast for July 2017. To be aware of all the most fresh forecasts, subscribe to my channel.