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Euro Area ECB Interest Rate Decision
The Governing Council of the European Central Bank determines the benchmark interest rate for the Euro Area. ECB's monetary policy is primarily concerned with maintaining price stability, which is defined as keeping inflation below but near to 2% over the medium term. During protracted periods of low inflation and low interest rates, the ECB may also use unconventional monetary policy tools such as asset purchase programs. The Main refinancing operations rate is the official interest rate.
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 |
|
|
1.1091 -511 pips |
1.1604 -2 pips |
1.16017 | |
| EURAUD |
|
|
1.7127 -676 pips |
1.7896 -93 pips |
1.78034 | |
| EURJPY |
|
|
167.1642 -557 pips |
170.2640 +247 pips |
172.735 | |
| EURCAD |
|
|
1.5580 -332 pips |
1.5955 -43 pips |
1.59124 | |
| EURCHF |
|
|
0.9350 +49 pips |
0.9436 -135 pips |
0.93014 | |
| EURCZK |
|
|
24.6901 +390 pips |
0 +246511 pips |
24.65110 | |
| EURGBP |
|
|
0.8568 -97 pips |
0.8648 +17 pips |
0.86654 | |
| EURHUF |
|
|
397.3478 -320 pips |
405.3578 -481 pips |
400.55 | |
| EURNOK |
|
|
11.4788 -4216 pips |
11.8195 +809 pips |
11.9004 | |
| EURNZD |
|
|
1.8846 -664 pips |
1.9459 +51 pips |
1.95098 |
News (EUR)
German Economic Sentiment Strengthens In July
German economic sentiment improved more than expected in July on hopes of a quick resolution to the US-EU tariff dispute and potential stimulus from the federal government, a monthly survey conducted by the think tank ZEW showed on Tuesday.
RTTNews | 9h 45min ago
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 7 days ago
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 | 8 days ago
