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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 |
|
|
1.1334 -441 pips |
1.1579 +196 pips |
1.17748 | |
| EURAUD |
|
|
1.7336 -640 pips |
1.7944 +32 pips |
1.79758 | |
| EURJPY |
|
|
164.9264 -521 pips |
168.7574 +138 pips |
170.141 | |
| EURCAD |
|
|
1.5682 -341 pips |
1.5972 +51 pips |
1.60229 | |
| EURCHF |
|
|
0.9358 +17 pips |
0.9499 -158 pips |
0.93414 | |
| EURCZK |
|
|
24.6901 +479 pips |
0 +246422 pips |
24.64223 | |
| EURGBP |
|
|
0.8540 -87 pips |
0.8618 +9 pips |
0.86269 | |
| EURHUF |
|
|
397.9672 -43 pips |
405.3240 -693 pips |
398.40 | |
| EURNOK |
|
|
11.4018 -4596 pips |
11.8195 +419 pips |
11.8614 | |
| EURNZD |
|
|
1.8806 -638 pips |
1.9376 +68 pips |
1.94441 |
News (EUR)
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 5h 0min ago
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 | 1 day 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 | 2 days ago
