{"id":111770,"date":"2022-03-02T10:17:57","date_gmt":"2022-03-02T10:17:57","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=111770"},"modified":"2022-03-02T10:18:53","modified_gmt":"2022-03-02T10:18:53","slug":"106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\/","title":{"rendered":"RUB\/EUR: Ruble Slightly Pared Losses versus the Euro"},"content":{"rendered":"<ul>\n<li>Rubble small gains, but downside pressure persist<\/li>\n<li>Russia Manufacturing PMI shrinks signalling contraction<\/li>\n<li>Oil reaches the highest level since 2013<\/li>\n<li>Risk-off moves resume lower<\/li>\n<\/ul>\n<p>The RUB to EUR pair was seen trading on Wednesday within a trading range of 0.008518 and 0.008208 low of the day. At 10:15 UTC, RUB\/EUR trades up +1.22% at 0.008228. The Russian Ruble crashed to a record low against the Euro during yesterday\u2019s trading session as Russia invades Ukraine and new sanctions hit the domestic economy.<\/p>\n<p>Despite the focus on geopolitical focus, yesterday\u2019s Markit Manufacturing PMI data in Russia weighed negatively on the Ruble exchange rate. The Markit Manufacturing PMI revealed a slowdown in the manufacturing activity at a faster pace than expected.<\/p>\n<p>The Markit Manufacturing PMI came in at 48.6 versus 51.8 previous reading signalling contraction. The Unemployment rate, wage growth, retail sales data will weigh on the exchange rate later during the day.<\/p>\n<p>Elsewhere, crude oil settled up +10.79% on Tuesday, soaring to the highest levels since 2013 tracking Russia \u2013 Ukraine conflict. The price of oil continued to surge overnight by more than 3.0% as Russia sanctions bite.<\/p>\n<p>The risk-off moves triggered by the NATO-allay sanctions have started to resume lower. German\u2019s DAX dropped -3.85% during yesterday\u2019s trading session settling at 13,904.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rubble small gains, but downside pressure persist Russia Manufacturing PMI shrinks signalling contraction Oil reaches the highest level since 2013 Risk-off moves resume lower The RUB to EUR pair was seen trading on Wednesday within a trading range of 0.008518 and 0.008208 low of the day. At 10:15 UTC, RUB\/EUR trades up +1.22% at 0.008228. [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5643,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,3421],"tags":[3160,1480,1522,3431],"class_list":{"0":"post-111770","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-rub","9":"tag-dax","10":"tag-manufacturing-pmi","11":"tag-oil","12":"tag-rub-eur"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RUB\/EUR: Ruble Slightly Pared Losses versus the Euro - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"RUB\\\/EUR: Ruble Slightly Pared Losses versus the Euro\",\"datePublished\":\"2022-03-02T10:17:57+00:00\",\"dateModified\":\"2022-03-02T10:18:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\\\/\"},\"wordCount\":211,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100662-gbp-eur-pound-declines-light-data.jpg\",\"keywords\":[\"DAX\",\"manufacturing pmi\",\"oil\",\"RUB\\\/EUR\"],\"articleSection\":[\"EUR\",\"RUB\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106140-rub-eur-ruble-slightly-pared-losses-versus-the-euro\\\/\",\"name\":\"RUB\\\/EUR: Ruble Slightly Pared Losses versus the Euro - 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