Euro Area Construction PMI
In France in the middle of each month, data is collected by asking participants to evaluate a variety of business situations with the situation a month earlier. In general, a value of less than 50 indicates that the economy is in decrease, a rating of more than 50 shows that the economy is increasing, and reading of exactly 50 indicates that there has been no change since the previous month.
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 |
|
|
1.0681 -19 pips |
1.0808 -108 pips |
1.06997 | |
| EURAUD |
|
|
1.6332 -148 pips |
1.6509 -29 pips |
1.64804 | |
| EURJPY |
|
|
162.5801 -396 pips |
164.6698 +187 pips |
166.536 | |
| EURCAD |
|
|
1.4589 -94 pips |
1.4697 -14 pips |
1.46834 | |
| EURCHF |
|
|
0.9634 -159 pips |
0.9895 -102 pips |
0.97929 | |
| EURCZK |
|
|
25.3748 +2215 pips |
0 +251533 pips |
25.15330 | |
| EURGBP |
|
|
0.8565 -15 pips |
0.8605 -25 pips |
0.85804 | |
| EURHUF |
|
|
389.0112 -429 pips |
393.3991 -10 pips |
393.30 | |
| EURNOK |
|
|
10.9830 -7928 pips |
0 +117758 pips |
11.7758 | |
| EURNZD |
|
|
1.7813 -241 pips |
1.8055 -1 pips |
1.80545 |
News (EUR)
German Consumer Sentiment To Hit 2-Year High In May
Germany's consumer confidence is set to rise again in May to hit a two-year high as households turned more optimistic about future income, adding to the list of positive indicators that suggests the biggest euro area economy is likely to undergo a very shallow recession. The forward-looking consumer sentiment index rose to -24.2 in May from a revised value of -27.3 in April.
RTTNews | 5h 25min ago
German Ifo Business Confidence Near 1-Year High
Germany's business sentiment strengthened for the third straight month to a near one-year high in April on a notable improvement in confidence among service providers. The business confidence index climbed to 89.4 in April from a revised 87.9 in March, monthly survey results from the ifo Institute showed on Wednesday. This was the highest score since May 2023, when the reading was 91.4.
RTTNews | 1 day ago
Eurozone Private Sector Growth Strongest In Almost A Year
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed above economists' forecast of 50.8.
RTTNews | 2 days ago
