The inflation rate in the Euro Area is derived by taking a weighted average of the aggregates of the Harmonised Index of Consumer Prices (HICP). The following are the primary components of the HICP: services (41%), non-energy industrial goods (29%), food, alcohol, and tobacco (19% of the overall weight), and energy (11%). The HICP aggregates are calculated by taking the weighted average of each country's HICP components and averaging them together. The weight of a country is the proportion of final monetary consumption expenditure incurred by households in the country's group that it represents. HICPs are provided to Eurostat by National Statistical Institutes (NSIs).

A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.

Source:  EUROSTAT
Category:  Inflation Rate
Units:  Percent
Details
Impact: High
Country:
Currency: EUR
Latest Release
Previous: 2.2%
Consensus: 2.1%
Actual: 2.1%
Next Release
Date: Nov 19, 10:00
Time left: 11 days
Consensus: 2.1%

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
1.1326
-236 pips
1.1586
-24 pips
1.15623
Symbol Action Percentage Volume Positions
EURUSD Short 71% 12465.35 lots 39960
Long 29% 5081.39 lots 18367
32% of traders are currently trading EURUSD.
EURAUD
1.7290
-508 pips
1.7885
-87 pips
1.77981
Symbol Action Percentage Volume Positions
EURAUD Short 77% 1153.36 lots 3858
Long 23% 344.88 lots 1439
4% of traders are currently trading EURAUD.
EURJPY
168.2784
-915 pips
176.0392
+139 pips
177.431
Symbol Action Percentage Volume Positions
EURJPY Short 84% 1742.33 lots 4034
Long 16% 334.24 lots 1690
5% of traders are currently trading EURJPY.
EURCAD
1.5719
-509 pips
1.6255
-27 pips
1.62281
Symbol Action Percentage Volume Positions
EURCAD Short 65% 395.99 lots 2700
Long 35% 211.00 lots 1574
4% of traders are currently trading EURCAD.
EURCHF
0.9284
-23 pips
0.9465
-158 pips
0.93066
Symbol Action Percentage Volume Positions
EURCHF Short 50% 666.45 lots 3168
Long 50% 658.32 lots 3118
6% of traders are currently trading EURCHF.
EURCZK
0
-242565 pips
24.3478
-913 pips
24.25650
Symbol Action Percentage Volume Positions
EURCZK Short 0% 0.00 lots 0
Long 100% 0.01 lots 1
0% of traders are currently trading EURCZK.
EURGBP
0.8682
-99 pips
0.8770
+11 pips
0.87815
Symbol Action Percentage Volume Positions
EURGBP Short 89% 3040.15 lots 12187
Long 11% 379.57 lots 2167
10% of traders are currently trading EURGBP.
EURHUF
387.6933
+366 pips
388.0283
-399 pips
384.04
Symbol Action Percentage Volume Positions
EURHUF Short 3% 0.97 lots 12
Long 97% 36.16 lots 18
0% of traders are currently trading EURHUF.
EURNOK
10.9900
-7553 pips
11.6949
+504 pips
11.7453
Symbol Action Percentage Volume Positions
EURNOK Short 16% 0.09 lots 5
Long 84% 0.47 lots 3
0% of traders are currently trading EURNOK.
EURNZD
1.9833
-704 pips
2.0363
+174 pips
2.05367
Symbol Action Percentage Volume Positions
EURNZD Short 95% 847.87 lots 4648
Long 5% 47.22 lots 409
3% of traders are currently trading EURNZD.