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Cyprus GDP Growth Rate QoQ
Cyprus's economy is based on tourism, financial services, and real estate are among the services accounting for over 80% of total GDP. When it comes to expenditures, household consumption is the most important component of GDP, accounting for 70% of total usage. This is followed by government expenditure (16%) and gross fixed capital formation (11%). Trade-in products and services account for 55% of GDP, while imports account for 53% of GDP and contribute 2% to total GDP.
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 |
|
|
1.1331 -448 pips |
1.1607 +172 pips |
1.17785 | |
| EURAUD |
|
|
1.7261 -652 pips |
1.7938 -25 pips |
1.79128 | |
| EURJPY |
|
|
164.8238 -551 pips |
167.9981 +234 pips |
170.338 | |
| EURCAD |
|
|
1.5661 -329 pips |
1.6011 -21 pips |
1.59901 | |
| EURCHF |
|
|
0.9354 -0 pips |
0.9528 -174 pips |
0.93542 | |
| EURCZK |
|
|
24.6901 +556 pips |
0 +246345 pips |
24.63453 | |
| EURGBP |
|
|
0.8548 -73 pips |
0.8616 +5 pips |
0.86214 | |
| EURHUF |
|
|
397.9672 -123 pips |
405.3240 -613 pips |
399.19 | |
| EURNOK |
|
|
11.4731 -3767 pips |
11.8195 +303 pips |
11.8498 | |
| EURNZD |
|
|
1.8798 -601 pips |
1.9369 +30 pips |
1.93986 |
News (EUR)
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 | 2h 8min 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 | 1 day ago
Eurozone Inflation Hits ECB Target
Euro area inflation rose slightly to hit the European Central Bank's 2 percent target in June on slower fall in energy prices and the rise in services inflation, flash estimate from Eurostat showed on Tuesday. Annual inflation climbed to 2.0 percent in June from 1.9 percent in May. The rate reached the inflation target and also matched economists' expectations.
RTTNews | 2 days ago
