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 |
|
|
1.0721 -49 pips |
1.0841 -71 pips |
1.07699 | |
| EURAUD |
|
|
1.6200 -51 pips |
1.6365 -114 pips |
1.62513 | |
| EURJPY |
|
|
160.3696 -527 pips |
165.3069 +33 pips |
165.635 | |
| EURCAD |
|
|
1.4643 -84 pips |
1.4739 -12 pips |
1.47266 | |
| EURCHF |
|
|
0.9594 -158 pips |
0.9812 -60 pips |
0.97518 | |
| EURCZK |
|
|
25.3748 +3746 pips |
0 +250002 pips |
25.00020 | |
| EURGBP |
|
|
0.8558 -3 pips |
0.8602 -41 pips |
0.85614 | |
| EURHUF |
|
|
383.9147 -541 pips |
390.8705 -154 pips |
389.33 | |
| EURNOK |
|
|
10.9870 -6969 pips |
0 +116839 pips |
11.6839 | |
| EURNZD |
|
|
1.7771 -119 pips |
1.7983 -93 pips |
1.78899 |
News (EUR)
Eurozone Unemployment Rate Steady At 6.5% For Fifth Month
Euro area jobless rate remained unchanged at a record low for the fifth month in a row in March and the unemployment decreased, while a tight labor market could urge the European Central Bank to remain cautious even as policymakers gear up for an interest rate cut in June. The seasonally adjusted unemployment rate was 6.5 percent in March, which is the same level as in the previous four months.
RTTNews | 2 days ago
European Economics Preview: Eurozone Jobless Data Due
Unemployment figures from the euro area and Spain, and the purchasing managers' survey results for the services sector from the U.K. are the highlights on the economics front on Friday. Eurozone jobless rate is expected to remain steady at 6.5 percent in March. Eurostat is set to release the data at 05:00 am ET.
RTTNews | 3 days ago
Eurozone Exits Recession In Q1
The euro area economy expanded in the first quarter after two consecutive declines as all big four economies exhibited better performance, boosting hopes of a sustained recovery this year. Gross domestic product grew by a faster-than-expected 0.3 percent sequentially following a 0.1 percent fall each in the fourth and third quarters of 2023, preliminary flash estimates from Eurostat showed.
RTTNews | 6 days ago
