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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 |
|
|
1.1242 -465 pips |
1.1627 +80 pips |
1.17074 | |
| EURAUD |
|
|
1.7421 -602 pips |
1.7985 +38 pips |
1.80235 | |
| EURJPY |
|
|
165.6433 -532 pips |
169.1883 +178 pips |
170.966 | |
| EURCAD |
|
|
1.5651 -353 pips |
1.5977 +27 pips |
1.60041 | |
| EURCHF |
|
|
0.9358 +22 pips |
0.9516 -180 pips |
0.93362 | |
| EURCZK |
|
|
24.6901 +543 pips |
0 +246358 pips |
24.63583 | |
| EURGBP |
|
|
0.8536 -68 pips |
0.8615 -11 pips |
0.86041 | |
| EURHUF |
|
|
397.9327 -188 pips |
405.3240 -551 pips |
399.81 | |
| EURNOK |
|
|
11.4721 -3730 pips |
11.8573 -122 pips |
11.8451 | |
| EURNZD |
|
|
1.8923 -584 pips |
1.9438 +69 pips |
1.95066 |
News (EUR)
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 | 9h 9min 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 | 10h 57min ago
German Industrial Production Rebounds In May
Germany's industrial production rebounded in May driven by robust demand for automobile and pharmaceutical products, official data revealed on Monday. Data released by Destatis showed that industrial production grew 1.2 percent in May from a month ago, confounding expectations for a decline of 0.6 percent. Output in April was revised down to show a 1.6 percent fall compared to the 1.4 percent d
RTTNews | 11h 24min ago
