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 |
|
|
1.0346 -8 pips |
1.0681 -327 pips |
1.03543 | |
| EURAUD |
|
|
1.6392 -250 pips |
1.6652 -10 pips |
1.66416 | |
| EURJPY |
|
|
155.4208 -601 pips |
163.6452 -222 pips |
161.427 | |
| EURCAD |
|
|
1.4793 -158 pips |
1.4968 -17 pips |
1.49506 | |
| EURCHF |
|
|
0.9398 -32 pips |
0.9622 -192 pips |
0.94303 | |
| EURCZK |
|
|
25.2779 +1158 pips |
0 +251621 pips |
25.16214 | |
| EURGBP |
|
|
0.8397 -64 pips |
0.8463 -2 pips |
0.84613 | |
| EURHUF |
|
|
400.4734 -1047 pips |
406.2462 +470 pips |
410.95 | |
| EURNOK |
|
|
11.4146 -4056 pips |
11.7142 +1060 pips |
11.8202 | |
| EURNZD |
|
|
1.8055 -353 pips |
1.8399 +9 pips |
1.84084 |
News (EUR)
German Economic Confidence Weakens In January
German economic sentiment deteriorated more than expected in January as the economy remained in recession for the second straight year and inflationary pressure rose recently, results of a survey by the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 10.3 from 15.7 in December. The reading was expected to drop moderately to 15.2.
RTTNews | 5h 39min ago
ECB Minutes Show Policymakers Saw Room For More Easing
European Central Bank policymakers were looking forward to more interest rate cuts, but they saw the need for a cautious approach due to several uncertainties that could derail inflation from its path to the 2 percent target, the minutes of the December 11-12 policy session showed on Thursday.
RTTNews | 4 days ago
German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.
RTTNews | 6 days ago
