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Euro Area Retail Sales MoM
Retail sales in the Eurozone indicates the progression of the overall number of products sold. A total of 39.3% of these items are food, beverages, and tobacco, followed by electrical goods and furniture (12%), computer equipment, textbooks, and other (11.4%), pharmaceutical and medical products (9.9%), textiles, apparel and footwear (9.2%), vehicle fuel (9.1%), miscellaneous non-food items (6%), and mail orders and internet (2.9%). Germany has the largest weight (25.9%) among the countries, followed by France (21.7%), Italy (16.1%), and Spain (11.4%). The other countries are the Netherlands (5.2%), Belgium (4.3%), Greece (3%), Austria (2.8%), Portugal (2.4%), Finland (1.8%), Ireland (1.7%), Luxembourg (0.8%), Slovakia (0.8%), Slovenia (0.6%), Lithuania (0.4%), Latvia (0.3%), Cyprus (0.3%), Estonia (0.2%), and Malta (0.1%).
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 |
|
|
1.0712 -199 pips |
1.0920 -9 pips |
1.09105 | |
| EURAUD |
|
|
1.6840 -565 pips |
1.7206 +199 pips |
1.74046 | |
| EURJPY |
|
|
155.7213 -507 pips |
163.6122 -283 pips |
160.787 | |
| EURCAD |
|
|
1.5176 -365 pips |
1.5539 +2 pips |
1.55408 | |
| EURCHF |
|
|
0.9481 -72 pips |
0.9758 -205 pips |
0.95534 | |
| EURCZK |
|
|
0 -249252 pips |
24.9887 -635 pips |
24.92520 | |
| EURGBP |
|
|
0.8336 -14 pips |
0.8422 -72 pips |
0.83499 | |
| EURHUF |
|
|
395.4427 -453 pips |
403.8079 -384 pips |
399.97 | |
| EURNOK |
|
|
10.2535 -10790 pips |
11.4778 -1453 pips |
11.3325 | |
| EURNZD |
|
|
1.8422 -614 pips |
1.8891 +145 pips |
1.90363 |
News (EUR)
Eurozone Inflation Slows To 2.2% Boosting ECB Rate Cut Speculation
Euro area inflation eased in March largely due to a slowdown in the services costs growth and strengthened the calls for further interest rate cuts from the European Central Bank. The harmonized index of consumer prices rose 2.2 percent year-on-year in March, which was slightly slower than the 2.3 percent rise in February, flash data from Eurostat showed on Tuesday. The rate matched expectations
RTTNews | 1 day ago
Eurozone Manufacturing Downturn Eases
Downturn in the euro area manufacturing slowed in March as output expanded for the first time in two years, signaling a recovery in the sector, final results of the latest purchasing managers' survey by S&P Global showed on Tuesday. The HCOB manufacturing Purchasing Managers' Index rose to 48.6 in March from 47.6 in the previous month. The flash score was 48.7.
RTTNews | 1 day ago
German Inflation At 4-Month Low Adds To ECB Rate Cut Hopes
Consumer price inflation in Germany slowed in March to its lowest level in four months as services cost growth eased further and energy prices fell at a steeper rate, boosting hopes that the European Central Bank will continue cutting interest rates this month.
RTTNews | 2 days ago
