Euro Area Labour Cost Index YoY

In the Euro Area, the Labour Cost Index provides a short-term indication of the development of hourly labor costs experienced by employers in nominal terms, that is, without taking into account price developments. It is computed by dividing the cost of labor in national currency by the number of hours worked in that currency. In order to measure quarterly variations in hourly employers' expenses, total labor costs and their primary components: wages and salaries; and nonwage expenditures are taken into consideration (labor costs other than wages and salaries). Wage and non-wage expenditures, as well as subsidies, are included in total labor costs (TOT). However, they do not cover expenditures for occupational training or other expenses such as recruitment charges, expenditures for working attire, and so on.

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.

Source:  EUROSTAT
Category:  Labour Costs
Units:  Percent
Details
Impact: Low
Country:
Currency: EUR
Latest Release
Previous: 5.2%
Consensus: 4.6%
Actual: 3.4%
Next Release
No data

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
1.0648
-7 pips
1.0761
-106 pips
1.06554
Symbol Action Percentage Volume Positions
EURUSD Short 37% 11749.24 lots 40460
Long 63% 20308.17 lots 68018
38% of traders are currently trading EURUSD.
EURAUD
1.6474
-89 pips
1.6584
-21 pips
1.65634
Symbol Action Percentage Volume Positions
EURAUD Short 76% 2176.77 lots 11041
Long 24% 705.13 lots 3801
10% of traders are currently trading EURAUD.
EURJPY
158.9907
-564 pips
163.4469
+119 pips
164.635
Symbol Action Percentage Volume Positions
EURJPY Short 81% 2124.45 lots 8821
Long 19% 482.89 lots 3172
9% of traders are currently trading EURJPY.
EURCAD
1.4562
-101 pips
1.4715
-52 pips
1.46627
Symbol Action Percentage Volume Positions
EURCAD Short 45% 508.67 lots 3100
Long 55% 611.69 lots 2712
4% of traders are currently trading EURCAD.
EURCHF
0.9568
-133 pips
0.9792
-91 pips
0.97014
Symbol Action Percentage Volume Positions
EURCHF Short 75% 6299.42 lots 11418
Long 25% 2137.57 lots 7111
10% of traders are currently trading EURCHF.
EURCZK
25.3748
+1407 pips
0
+252341 pips
25.23410
Symbol Action Percentage Volume Positions
EURCZK Short 100% 2.20 lots 4
Long 0% 0.00 lots 0
0% of traders are currently trading EURCZK.
EURGBP
0.8546
-10 pips
0.8594
-38 pips
0.85558
Symbol Action Percentage Volume Positions
EURGBP Short 44% 1843.98 lots 9816
Long 56% 2384.00 lots 12206
17% of traders are currently trading EURGBP.
EURHUF
389.2839
-429 pips
393.4050
+17 pips
393.58
Symbol Action Percentage Volume Positions
EURHUF Short 98% 13.23 lots 88
Long 2% 0.28 lots 20
0% of traders are currently trading EURHUF.
EURNOK
10.7790
-9856 pips
11.6548
+1098 pips
11.7646
Symbol Action Percentage Volume Positions
EURNOK Short 94% 0.32 lots 9
Long 6% 0.02 lots 1
0% of traders are currently trading EURNOK.
EURNZD
1.7812
-204 pips
1.8042
-26 pips
1.80165
Symbol Action Percentage Volume Positions
EURNZD Short 57% 545.18 lots 3147
Long 43% 406.47 lots 2791
6% of traders are currently trading EURNZD.