Euro Area ECB Non-Monetary Policy Meeting
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 |
|
|
1.0676 -23 pips |
1.0794 -95 pips |
1.06990 | |
| EURAUD |
|
|
1.6262 -112 pips |
1.6458 -84 pips |
1.63740 | |
| EURJPY |
|
|
161.8596 -729 pips |
164.9429 +421 pips |
169.150 | |
| EURCAD |
|
|
1.4513 -95 pips |
1.4663 -55 pips |
1.46080 | |
| EURCHF |
|
|
0.9629 -156 pips |
0.9878 -93 pips |
0.97850 | |
| EURCZK |
|
|
25.3748 +2897 pips |
0 +250851 pips |
25.08510 | |
| EURGBP |
|
|
0.8560 -3 pips |
0.8601 -38 pips |
0.85630 | |
| EURHUF |
|
|
388.8500 -455 pips |
393.0719 +33 pips |
393.40 | |
| EURNOK |
|
|
10.9878 -8064 pips |
11.7910 +32 pips |
11.7942 | |
| EURNZD |
|
|
1.7797 -208 pips |
1.8050 -45 pips |
1.80050 |
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 | 1 day 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 | 2 days 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 | 3 days ago
