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 |
|
|
1.0472 +8 pips |
1.0642 -178 pips |
1.04639 | |
| EURAUD |
|
|
1.6415 -157 pips |
1.6625 -53 pips |
1.65719 | |
| EURJPY |
|
|
148.7710 -715 pips |
156.3484 -42 pips |
155.926 | |
| EURCAD |
|
|
1.4257 -86 pips |
1.4505 -162 pips |
1.4343 | |
| EURCHF |
|
|
0.9625 -13 pips |
0.9852 -214 pips |
0.96376 | |
| EURCZK |
|
|
23.7628 -7827 pips |
24.4573 +882 pips |
24.5455 | |
| EURGBP |
|
|
0.8627 -47 pips |
0.8705 -31 pips |
0.86741 | |
| EURHUF |
|
|
382.3921 -899 pips |
396.9685 -558 pips |
391.387 | |
| EURNOK |
|
|
11.0653 -4353 pips |
11.5546 -540 pips |
11.50062 | |
| EURNZD |
|
|
1.7580 -186 pips |
1.7935 -169 pips |
1.77656 |
