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 |
|
|
1.1310 -404 pips |
1.1613 +101 pips |
1.17139 | |
| EURAUD |
|
|
1.7211 -669 pips |
1.7967 -87 pips |
1.78805 | |
| EURJPY |
|
|
165.6451 -677 pips |
171.5978 +82 pips |
172.414 | |
| EURCAD |
|
|
1.5603 -498 pips |
1.6103 -2 pips |
1.61009 | |
| EURCHF |
|
|
0.9347 -33 pips |
0.9470 -90 pips |
0.93798 | |
| EURCZK |
|
|
24.5218 +888 pips |
0 +244330 pips |
24.43303 | |
| EURGBP |
|
|
0.8573 -88 pips |
0.8662 -1 pips |
0.86606 | |
| EURHUF |
|
|
396.8748 +206 pips |
405.0881 -1028 pips |
394.81 | |
| EURNOK |
|
|
11.4727 -2583 pips |
11.7629 -319 pips |
11.7310 | |
| EURNZD |
|
|
1.9169 -685 pips |
1.9862 -8 pips |
1.98536 |
News (EUR)
Eurozone Manufacturing Growth At 38-Month High
The euro area manufacturing activity grew at the fastest pace in more than three years in August driven by a sharp rise in output and the renewed uptick in domestic demand, data published by S&P Global showed on Monday. The HCOB final manufacturing Purchasing Managers' Index improved to 50.7 in August from 49.8 in July. This was the first expansion in the currency bloc since June 2022. The flash
RTTNews | 33 minutes ago
German Inflation Accelerates To 2.2% In August
Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 2 days ago
German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 2 days ago
