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Euro Area Inflation Rate YoY
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.
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 |
|
|
1.1230 -485 pips |
1.1605 +110 pips |
1.17149 | |
| EURAUD |
|
|
1.7236 -700 pips |
1.7970 -34 pips |
1.79356 | |
| EURJPY |
|
|
166.0649 -552 pips |
170.4708 +112 pips |
171.587 | |
| EURCAD |
|
|
1.5660 -385 pips |
1.5985 +60 pips |
1.60446 | |
| EURCHF |
|
|
0.9364 +52 pips |
0.9436 -124 pips |
0.93118 | |
| EURCZK |
|
|
24.6901 +398 pips |
0 +246503 pips |
24.65032 | |
| EURGBP |
|
|
0.8537 -84 pips |
0.8616 +5 pips |
0.86211 | |
| EURHUF |
|
|
397.8895 -188 pips |
405.3240 -556 pips |
399.77 | |
| EURNOK |
|
|
11.5192 -3087 pips |
11.8378 -99 pips |
11.8279 | |
| EURNZD |
|
|
1.8907 -644 pips |
1.9480 +71 pips |
1.95513 |
News (EUR)
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 1 day ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 2 days ago
Eurozone Investor Confidence Strongest In More Than 3 Years
Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 2 days ago
