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Belgium Balance of Trade
Belgium's economy is based on international trade, which accounts for around 70% of total output. Belgium's commerce with other EU member states accounts for approximately 80% of total trade. Belgium's most important export item is vehicles, followed by medicament mixtures put in dosage, and not mounted or set diamonds. Belgium's most important imports are pharmaceuticals, food products, machinery and equipment, chemicals and diamonds, transportation equipment, and oil products.
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 |
|
|
1.0690 -218 pips |
1.0933 -25 pips |
1.09081 | |
| EURAUD |
|
|
1.6808 -405 pips |
1.7185 +28 pips |
1.72128 | |
| EURJPY |
|
|
156.8810 -658 pips |
164.4388 -98 pips |
163.457 | |
| EURCAD |
|
|
1.5343 -275 pips |
1.5619 -1 pips |
1.56183 | |
| EURCHF |
|
|
0.9482 -107 pips |
0.9732 -143 pips |
0.95892 | |
| EURCZK |
|
|
0 -250177 pips |
24.9887 +290 pips |
25.01769 | |
| EURGBP |
|
|
0.8365 -41 pips |
0.8447 -41 pips |
0.84055 | |
| EURHUF |
|
|
395.9839 -199 pips |
404.2515 -627 pips |
397.98 | |
| EURNOK |
|
|
8.0700 -34509 pips |
11.6203 -994 pips |
11.5209 | |
| EURNZD |
|
|
1.8391 -440 pips |
1.8880 -49 pips |
1.88310 |
News (EUR)
German Economic Sentiment Strongest Since 2022
Investor confidence in Germany improved sharply to the highest level in more than three years in March on strengthening expectations regarding fiscal policy, a closely watched survey published by think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment climbed to 51.6 in March from 26 in February. The last time this indicator posted such a substantial increase was in January 2023.
RTTNews | 1 day ago
Eurozone Industrial Output Rebounds In January
Euro area industrial production recovered at a stronger-than-expected pace in January due to the rebound in intermediate and capital goods output, official data revealed Thursday. Industrial output grew 0.8 percent on a monthly basis in January, reversing a 0.4 percent fall in December, Eurostat reported. Output was expected to climb 0.5 percent.
RTTNews | 6 days ago
ECB Chief Says Uncertainty Exceptionally High
European Central Bank President Christine Lagarde said the level of uncertainty is exceptionally high and maintaining stability has become difficult. "The level of uncertainty we are facing is exceptionally high," she said at a conference organized by the Institute for Monetary and Financial Stability at Goethe University Frankfurt on Wednesday.
RTTNews | 7 days ago
