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 |
|
|
1.1198 -463 pips |
1.1600 +61 pips |
1.16609 | |
| EURAUD |
|
|
1.7123 -696 pips |
1.7942 -123 pips |
1.78189 | |
| EURJPY |
|
|
166.2394 -630 pips |
171.3142 +122 pips |
172.538 | |
| EURCAD |
|
|
1.5653 -428 pips |
1.6085 -4 pips |
1.60809 | |
| EURCHF |
|
|
0.9360 -11 pips |
0.9511 -140 pips |
0.93713 | |
| EURCZK |
|
|
24.4964 +682 pips |
0 +244282 pips |
24.42821 | |
| EURGBP |
|
|
0.8587 -88 pips |
0.8677 -2 pips |
0.86747 | |
| EURHUF |
|
|
395.8710 +235 pips |
405.0881 -1157 pips |
393.52 | |
| EURNOK |
|
|
10.8299 -8691 pips |
11.7307 -317 pips |
11.6990 | |
| EURNZD |
|
|
1.9121 -710 pips |
1.9833 -2 pips |
1.98315 |
News (EUR)
Eurozone Private Sector Growth At 1-Year High
The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.
RTTNews | 10h 1min ago
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further
Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.
RTTNews | 1 day ago
Eurozone Inflation Rises Slightly To 2.1%
Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.
RTTNews | 1 day ago
