Due to the substantial export of manufactured products such as machinery and vehicles, the Euro Area consistently posts trade surpluses. It is estimated that the Eurozone is a net importer of raw resources and energy. Germany, Italy, France, and the Netherlands are the countries with the biggest share of overall international trade in goods and services. The United Kingdom (12% of total exports and 10% of total imports) and the United States are the two most important trading partners for the company (13% of exports and 6% of imports).
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.
Source:
EUROSTAT
Category:
Balance of Trade
Units:
Billion
Details
Impact
Medium
Country
Currency
EUR
Latest Release
Previous
€17.7B
Consensus
€30.2B
Actual
€20.7B
Next Release
Date
Oct 15, 06:00
Time left
24 days
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 |
|
|
1.1602 -128 pips |
1.1817 -87 pips |
1.17303 | |
| EURAUD |
|
|
1.5971 -189 pips |
1.6261 -101 pips |
1.61601 | |
| EURJPY |
|
|
126.0764 -246 pips |
129.2510 -72 pips |
128.532 | |
| EURCAD |
|
|
1.4926 -78 pips |
1.5110 -106 pips |
1.50043 | |
| EURCHF |
|
|
1.0833 -50 pips |
1.0935 -52 pips |
1.08827 | |
| EURCZK |
|
|
0 -254491 pips |
25.4914 -423 pips |
25.4491 | |
| EURGBP |
|
|
0.8548 -37 pips |
0.8678 -93 pips |
0.85848 | |
| EURHUF |
|
|
337.2600 -1653 pips |
355.9591 -217 pips |
353.794 | |
| EURNOK |
|
|
9.7895 -4066 pips |
10.2779 -818 pips |
10.19614 | |
| EURNZD |
|
|
1.6668 -46 pips |
1.6838 -124 pips |
1.67139 |
