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Euro Area ECB Press Conference
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 |
|
|
1.0995 -443 pips |
1.1549 -111 pips |
1.14378 | |
| EURAUD |
|
|
1.7064 -617 pips |
1.7833 -152 pips |
1.76813 | |
| EURJPY |
|
|
163.7039 -647 pips |
170.9187 -74 pips |
170.177 | |
| EURCAD |
|
|
1.5398 -404 pips |
1.5910 -108 pips |
1.58021 | |
| EURCHF |
|
|
0.9347 +53 pips |
0.9429 -135 pips |
0.92943 | |
| EURCZK |
|
|
24.6542 +763 pips |
0 +245779 pips |
24.57794 | |
| EURGBP |
|
|
0.8534 -90 pips |
0.8661 -37 pips |
0.86236 | |
| EURHUF |
|
|
397.4508 -245 pips |
405.3578 -546 pips |
399.90 | |
| EURNOK |
|
|
10.8444 -9144 pips |
11.8312 -724 pips |
11.7588 | |
| EURNZD |
|
|
1.8621 -668 pips |
1.9419 -130 pips |
1.92895 |
News (EUR)
Eurozone Economy Fares Better Than Expected In Q2
The euro area economy logged better-than-expected growth in the second quarter but the pace of expansion slowed markedly as the first quarter performance was inflated after U.S. importers frontloaded their orders to reduce the cost burden of higher tariffs. Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, preliminary flash estimate from Eurostat.
RTTNews | 16h 46min ago
Eurozone Economic Confidence Rises To 5-Month High
Euro area economic sentiment improved to a five-month high in July largely driven by stronger confidence in industry, services and retail trade, survey data from the European Commission showed Wednesday. The economic sentiment index rose to 95.8 in July from 94.2 in the previous month. This was the highest reading since February and remained above forecast of 94.5.
RTTNews | 18h 6min ago
French GDP Growth Beats Expectations
The French economy logged a faster-than-expected growth in the second quarter on recovering household spending, official data showed Wednesday. Gross domestic product grew 0.3 percent from a quarter ago, the statistical office INSEE showed on Wednesday. The economy was expected to grow at a steady pace of 0.1 percent in the second quarter.
RTTNews | 23h 3min ago
