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 |
|
|
1.0681 -46 pips |
1.0813 -86 pips |
1.07266 | |
| EURAUD |
|
|
1.6235 -93 pips |
1.6419 -91 pips |
1.63281 | |
| EURJPY |
|
|
159.9274 -726 pips |
166.3142 +88 pips |
167.190 | |
| EURCAD |
|
|
1.4528 -114 pips |
1.4665 -23 pips |
1.46419 | |
| EURCHF |
|
|
0.9620 -139 pips |
0.9880 -121 pips |
0.97586 | |
| EURCZK |
|
|
25.3748 +2324 pips |
0 +251424 pips |
25.14240 | |
| EURGBP |
|
|
0.8546 +8 pips |
0.8585 -47 pips |
0.85381 | |
| EURHUF |
|
|
388.9495 -221 pips |
392.9537 -179 pips |
391.16 | |
| EURNOK |
|
|
10.9878 -7890 pips |
0 +117768 pips |
11.7768 | |
| EURNZD |
|
|
1.7756 -181 pips |
1.8019 -82 pips |
1.79370 |
News (EUR)
German Inflation Steady At 2.2%
Germany's consumer prices logged a steady pace of increase in April reflecting the stickiness of inflation despite the disinflationary pressure gaining strength over recent months. The consumer price index posted an annual growth of 2.2 percent, which was the same rate as seen in March and weaker than economists' forecast of 2.3 percent. The current 2.2 percent inflation was the lowest since 2021.
RTTNews | 7h 24min ago
Eurozone Economic Confidence Weakens In April
Euro area economic sentiment deteriorated further in April largely reflecting the difficulties in the industrial sector, survey data revealed on Monday. The economic confidence index dropped to 95.6 in April from 96.2 in the previous month, the European Commission said. The economic sentiment index deteriorated notably in industry, and services, retail trade and construction experienced moder
RTTNews | 8h 20min ago
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 | 4 days ago
