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Euro Area Markit Services PMI
Based on data gathered from a representative panel of around 2,000 private service sector enterprises in the Eurozone to calculate the Eurozone Services PMI (Purchasing Managers' Index). Germany, France, Italy, Spain, and the Republic of Ireland all have national services data available. Sales, employment, inventories, and pricing are some of the variables tracked by the index. A rating of greater than 50 suggests that the services sector is generally increasing, while a reading of less than 50 indicates that it is generally contracting.
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 |
|
|
1.1225 -489 pips |
1.1606 +108 pips |
1.17142 | |
| EURAUD |
|
|
1.7244 -686 pips |
1.7973 -43 pips |
1.79299 | |
| EURJPY |
|
|
166.3386 -534 pips |
170.2383 +144 pips |
171.674 | |
| EURCAD |
|
|
1.5658 -371 pips |
1.5987 +42 pips |
1.60285 | |
| EURCHF |
|
|
0.9359 +37 pips |
0.9462 -140 pips |
0.93218 | |
| EURCZK |
|
|
24.6901 +672 pips |
0 +246229 pips |
24.62293 | |
| EURGBP |
|
|
0.8538 -79 pips |
0.8616 +1 pips |
0.86170 | |
| EURHUF |
|
|
397.8895 -228 pips |
405.3240 -516 pips |
400.17 | |
| EURNOK |
|
|
11.5192 -2969 pips |
11.8378 -217 pips |
11.8161 | |
| EURNZD |
|
|
1.8908 -611 pips |
1.9481 +38 pips |
1.95192 |
News (EUR)
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 1 day ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 1 day ago
Eurozone Investor Confidence Strongest In More Than 3 Years
Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 2 days ago
