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 |
|
|
1.0684 -44 pips |
1.0819 -91 pips |
1.07278 | |
| EURAUD |
|
|
1.6373 -95 pips |
1.6515 -47 pips |
1.64683 | |
| EURJPY |
|
|
161.0577 -584 pips |
163.8570 +304 pips |
166.897 | |
| EURCAD |
|
|
1.4596 -61 pips |
1.4704 -47 pips |
1.46574 | |
| EURCHF |
|
|
0.9638 -150 pips |
0.9912 -124 pips |
0.97876 | |
| EURCZK |
|
|
25.3748 +2386 pips |
0 +251362 pips |
25.13620 | |
| EURGBP |
|
|
0.8566 -10 pips |
0.8607 -31 pips |
0.85761 | |
| EURHUF |
|
|
388.9981 -361 pips |
393.2486 -64 pips |
392.61 | |
| EURNOK |
|
|
10.9830 -7785 pips |
0 +117615 pips |
11.7615 | |
| EURNZD |
|
|
1.7854 -188 pips |
1.8060 -18 pips |
1.80417 |
News (EUR)
German Consumer Sentiment To Hit 2-Year High In May
Germany's consumer confidence is set to rise again in May to hit a two-year high as households turned more optimistic about future income, adding to the list of positive indicators that suggests the biggest euro area economy is likely to undergo a very shallow recession. The forward-looking consumer sentiment index rose to -24.2 in May from a revised value of -27.3 in April.
RTTNews | 10h 18min ago
German Ifo Business Confidence Near 1-Year High
Germany's business sentiment strengthened for the third straight month to a near one-year high in April on a notable improvement in confidence among service providers. The business confidence index climbed to 89.4 in April from a revised 87.9 in March, monthly survey results from the ifo Institute showed on Wednesday. This was the highest score since May 2023, when the reading was 91.4.
RTTNews | 1 day ago
Eurozone Private Sector Growth Strongest In Almost A Year
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed above economists' forecast of 50.8.
RTTNews | 2 days ago
