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Cyprus Industrial Production YoY
The output of firms that are part of the industrial sector of the economy is measured in Cyprus by industrial production. Accounting for 72% of overall production, manufacturing is the most important industry in the country. Food goods account for 32% of overall manufacturing output, followed by other non-metallic mineral products (7%), basic pharmaceutical products and pharmaceutical preparations (6%), and fabricated metal products, excluding machinery and equipment (5%). Accounting for 20% of total output goes for mining and quarrying, as well as the delivery of electricity, gas, steam, and air conditioning, with the remaining 8% accounted for by the remediation efforts and provision of water, sewage, waste management.
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 |
|
|
1.1282 -440 pips |
1.1661 +61 pips |
1.17220 | |
| EURAUD |
|
|
1.7446 -582 pips |
1.7980 +48 pips |
1.80278 | |
| EURJPY |
|
|
164.9508 -570 pips |
168.5705 +208 pips |
170.651 | |
| EURCAD |
|
|
1.5670 -326 pips |
1.5982 +14 pips |
1.59964 | |
| EURCHF |
|
|
0.9358 +4 pips |
0.9522 -168 pips |
0.93544 | |
| EURCZK |
|
|
24.6901 +620 pips |
0 +246281 pips |
24.62811 | |
| EURGBP |
|
|
0.8538 -70 pips |
0.8617 -9 pips |
0.86080 | |
| EURHUF |
|
|
397.9327 -165 pips |
405.3240 -575 pips |
399.58 | |
| EURNOK |
|
|
11.4398 -4333 pips |
11.8573 +158 pips |
11.8731 | |
| EURNZD |
|
|
1.8955 -591 pips |
1.9431 +115 pips |
1.95463 |
News (EUR)
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 1h 8min ago
Eurozone Investor Confidence Strongest In More Than 3 Years
Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 2h 56min ago
German Industrial Production Rebounds In May
Germany's industrial production rebounded in May driven by robust demand for automobile and pharmaceutical products, official data revealed on Monday. Data released by Destatis showed that industrial production grew 1.2 percent in May from a month ago, confounding expectations for a decline of 0.6 percent. Output in April was revised down to show a 1.6 percent fall compared to the 1.4 percent d
RTTNews | 3h 23min ago
