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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 |
|
|
1.0993 -441 pips |
1.1549 -115 pips |
1.14339 | |
| EURAUD |
|
|
1.7065 -616 pips |
1.7834 -153 pips |
1.76809 | |
| EURJPY |
|
|
163.7388 -641 pips |
170.9163 -77 pips |
170.147 | |
| EURCAD |
|
|
1.5399 -397 pips |
1.5910 -114 pips |
1.57963 | |
| EURCHF |
|
|
0.9347 +55 pips |
0.9429 -137 pips |
0.92920 | |
| EURCZK |
|
|
24.6542 +701 pips |
0 +245841 pips |
24.58409 | |
| EURGBP |
|
|
0.8534 -84 pips |
0.8661 -43 pips |
0.86178 | |
| EURHUF |
|
|
397.4508 -264 pips |
405.3578 -527 pips |
400.09 | |
| EURNOK |
|
|
10.8444 -9183 pips |
11.8312 -685 pips |
11.7627 | |
| EURNZD |
|
|
1.8622 -670 pips |
1.9420 -128 pips |
1.92917 |
News (EUR)
Eurozone Economy Fares Better Than Expected In Q2
The euro area economy logged better-than-expected growth in the second quarter but the pace of expansion slowed markedly as the first quarter performance was inflated after U.S. importers frontloaded their orders to reduce the cost burden of higher tariffs. Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, preliminary flash estimate from Eurostat.
RTTNews | 16h 31min ago
Eurozone Economic Confidence Rises To 5-Month High
Euro area economic sentiment improved to a five-month high in July largely driven by stronger confidence in industry, services and retail trade, survey data from the European Commission showed Wednesday. The economic sentiment index rose to 95.8 in July from 94.2 in the previous month. This was the highest reading since February and remained above forecast of 94.5.
RTTNews | 17h 50min ago
French GDP Growth Beats Expectations
The French economy logged a faster-than-expected growth in the second quarter on recovering household spending, official data showed Wednesday. Gross domestic product grew 0.3 percent from a quarter ago, the statistical office INSEE showed on Wednesday. The economy was expected to grow at a steady pace of 0.1 percent in the second quarter.
RTTNews | 22h 48min ago
