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Austria Balance of Trade
Foreign trade is critical to Austria's economy, which is tightly intertwined with the economies of other European Union countries, and with Germany in particular. The automobile and its components, as well as equipment and paper products, are Austria's most important export commodities. Chemicals, machines and equipment, foodstuffs, metal items, crude oil and oil products, and motor vehicles account for the majority of Austria’s imports.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.1337 -442 pips |
1.1574 +205 pips |
1.17788 | |
| EURAUD |
|
|
1.7338 -642 pips |
1.7945 +35 pips |
1.79796 | |
| EURJPY |
|
|
164.9083 -526 pips |
168.7418 +143 pips |
170.173 | |
| EURCAD |
|
|
1.5682 -340 pips |
1.5974 +48 pips |
1.60221 | |
| EURCHF |
|
|
0.9358 +12 pips |
0.9542 -196 pips |
0.93459 | |
| EURCZK |
|
|
24.6901 +476 pips |
0 +246425 pips |
24.64253 | |
| EURGBP |
|
|
0.8540 -88 pips |
0.8618 +10 pips |
0.86275 | |
| EURHUF |
|
|
397.9672 -43 pips |
405.3240 -693 pips |
398.40 | |
| EURNOK |
|
|
11.4018 -4595 pips |
11.8195 +418 pips |
11.8613 | |
| EURNZD |
|
|
1.8811 -640 pips |
1.9391 +60 pips |
1.94510 |
News (EUR)
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 14h 24min ago
Eurozone Private Sector Expands More Than Estimated
The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 1 day ago
German Unemployment Climbs Less Than Expected In June
Joblessness in Germany rose in June but at a slower than expected pace, official figures revealed on Tuesday, as activity in the biggest economy in the euro area remains sluggish.
RTTNews | 3 days ago
