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 |
|
|
1.1326 -236 pips |
1.1586 -24 pips |
1.15623 | |
| EURAUD |
|
|
1.7290 -508 pips |
1.7885 -87 pips |
1.77981 | |
| EURJPY |
|
|
168.2784 -915 pips |
176.0392 +139 pips |
177.431 | |
| EURCAD |
|
|
1.5719 -509 pips |
1.6255 -27 pips |
1.62281 | |
| EURCHF |
|
|
0.9284 -23 pips |
0.9465 -158 pips |
0.93066 | |
| EURCZK |
|
|
0 -242565 pips |
24.3478 -913 pips |
24.25650 | |
| EURGBP |
|
|
0.8682 -99 pips |
0.8770 +11 pips |
0.87815 | |
| EURHUF |
|
|
387.6933 +366 pips |
388.0283 -399 pips |
384.04 | |
| EURNOK |
|
|
10.9900 -7553 pips |
11.6949 +504 pips |
11.7453 | |
| EURNZD |
|
|
1.9833 -704 pips |
2.0363 +174 pips |
2.05367 |