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 |
|
|
1.0705 -27 pips |
1.0790 -58 pips |
1.07316 | |
| EURAUD |
|
|
1.6280 -34 pips |
1.6408 -94 pips |
1.63136 | |
| EURJPY |
|
|
163.8003 -356 pips |
166.0031 +135 pips |
167.357 | |
| EURCAD |
|
|
1.4677 -51 pips |
1.4759 -31 pips |
1.47280 | |
| EURCHF |
|
|
0.9624 -137 pips |
0.9836 -75 pips |
0.97613 | |
| EURCZK |
|
|
25.3748 +4492 pips |
0 +249256 pips |
24.92560 | |
| EURGBP |
|
|
0.8579 -34 pips |
0.8628 -15 pips |
0.86133 | |
| EURHUF |
|
|
384.1712 -352 pips |
390.0976 -241 pips |
387.69 | |
| EURNOK |
|
|
11.2081 -5158 pips |
0 +117239 pips |
11.7239 | |
| EURNZD |
|
|
1.7770 -121 pips |
1.7978 -87 pips |
1.78905 |
News (EUR)
German Industrial Production Declines In March
Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday. Industrial production declined 0.4 percent on a monthly basis, in contrast to the 1.7 percent increase in February, Destatis reported.
RTTNews | 1 day ago
German Exports Rebound; Industrial Orders Data Disappoint
Germany's exports rebounded at a faster-than-expected pace in March, while industrial orders declined unexpectedly on weak domestic demand, pouring cold water on hopes of better economic recovery. Exports gained 0.9 percent on a monthly basis, reversing a 1.6 percent fall in February, which was revised from a 0.2 percent gain reported initially, Destatis said Tuesday. Shipments were forecast to
RTTNews | 2 days ago
Eurozone Private Sector Growth Accelerates In April
The euro area private sector growth accelerated to an 11-month high in April driven by the service sector, final survey results from S&P Global showed on Monday. The HCOB composite output index rose to 51.7 in April from 50.3 in the previous month. The flash estimate was 51.4.
RTTNews | 3 days ago
