Germany 12-Month Bubill Auction
Bubills in Germany can reach maturity of up to two years. Treasuries are issued by governments as a means of borrowing money to bridge the gap between the amount of money they collect in taxation and the amount of money they spend to refinance existing debt and/or raise capital. Bubill's yield shows the rate of return an investor would receive if they hold the treasury for the whole period of the bond. At the highest accepted bid, all bidders receive the same rate as the highest accepted bid. Yield changes should be regularly examined as an indicator of the state of the government's debt. Investors compare the average rate at auction to the average rate at prior auctions of the same securities to determine whether or not to bid.
A higher than expected figure should be seen as negative (bearish) for the EUR while a lower than expected figure should be seen as positive (bullish) 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 |
|
|
1.1493 -346 pips |
1.1687 +152 pips |
1.18390 | |
| EURAUD |
|
|
1.7284 -462 pips |
1.7859 -113 pips |
1.77455 | |
| EURJPY |
|
|
165.6016 -754 pips |
172.3967 +75 pips |
173.142 | |
| EURCAD |
|
|
1.5918 -364 pips |
1.6219 +63 pips |
1.62820 | |
| EURCHF |
|
|
0.9345 +32 pips |
0.9436 -123 pips |
0.93134 | |
| EURCZK |
|
|
24.5218 +2030 pips |
0 +243188 pips |
24.31882 | |
| EURGBP |
|
|
0.8589 -89 pips |
0.8672 +6 pips |
0.86775 | |
| EURHUF |
|
|
392.0800 +225 pips |
390.2800 -45 pips |
389.83 | |
| EURNOK |
|
|
10.2436 -13821 pips |
11.6447 -190 pips |
11.6257 | |
| EURNZD |
|
|
1.9134 -679 pips |
1.9764 +49 pips |
1.98134 |
News (EUR)
Eurozone Industrial Production Recovers In July
Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.
RTTNews | 22h 11min ago
German Economic Sentiment Rises In September
German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
RTTNews | 1 day ago
ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced
European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
RTTNews | 5 days ago
