Euro Area ECB Monetary Policy Meeting Accounts
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.
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 |
|
|
1.0675 -49 pips |
1.0792 -68 pips |
1.07240 | |
| EURAUD |
|
|
1.6355 -92 pips |
1.6514 -67 pips |
1.64471 | |
| EURJPY |
|
|
163.1579 -375 pips |
163.8718 +304 pips |
166.909 | |
| EURCAD |
|
|
1.4589 -82 pips |
1.4692 -21 pips |
1.46706 | |
| EURCHF |
|
|
0.9635 -155 pips |
0.9929 -139 pips |
0.97902 | |
| EURCZK |
|
|
25.3748 +1456 pips |
0 +252292 pips |
25.22920 | |
| EURGBP |
|
|
0.8575 -3 pips |
0.8616 -38 pips |
0.85780 | |
| EURHUF |
|
|
389.0719 -429 pips |
393.3991 -4 pips |
393.36 | |
| EURNOK |
|
|
10.9147 -8392 pips |
0 +117539 pips |
11.7539 | |
| EURNZD |
|
|
1.7834 -179 pips |
1.8058 -45 pips |
1.80125 |
News (EUR)
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 | 22h 4min 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 | 1 day ago
Eurozone Construction Output Rises For Third Month
Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, preliminary data from the statistical office Eurostat showed Thursday. Construction output rose a calendar and seasonally adjusted 1.8 percent month-on-month following a downwardly revised 0.2 percent gain in January.
RTTNews | 7 days ago
