Germany 2-Year Schatz Auction
The statistics listed on the calendar represent the average yield on the Schatz notes that were auctioned. Notes from Germany's Schatz bank have maturities of 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. If an investor holds a treasury for the entire length of the bond, the yield on the Schatz represents the return that the holder will earn. 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 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 |
|
|
1.0673 -27 pips |
1.0787 -87 pips |
1.07005 | |
| EURAUD |
|
|
1.6257 -114 pips |
1.6459 -88 pips |
1.63706 | |
| EURJPY |
|
|
161.4924 -728 pips |
164.7900 +398 pips |
168.772 | |
| EURCAD |
|
|
1.4517 -99 pips |
1.4664 -48 pips |
1.46160 | |
| EURCHF |
|
|
0.9628 -144 pips |
0.9879 -107 pips |
0.97720 | |
| EURCZK |
|
|
25.3748 +2118 pips |
0 +251630 pips |
25.16300 | |
| EURGBP |
|
|
0.8562 +0 pips |
0.8603 -41 pips |
0.85619 | |
| EURHUF |
|
|
388.8500 -320 pips |
393.0719 -102 pips |
392.05 | |
| EURNOK |
|
|
10.9878 -8072 pips |
11.7910 +40 pips |
11.7950 | |
| EURNZD |
|
|
1.7790 -206 pips |
1.8050 -54 pips |
1.79956 |
News (EUR)
German Consumer Sentiment To Hit 2-Year High In May
Germany's consumer confidence is set to rise again in May to hit a two-year high as households turned more optimistic about future income, adding to the list of positive indicators that suggests the biggest euro area economy is likely to undergo a very shallow recession. The forward-looking consumer sentiment index rose to -24.2 in May from a revised value of -27.3 in April.
RTTNews | 1 day ago
German Ifo Business Confidence Near 1-Year High
Germany's business sentiment strengthened for the third straight month to a near one-year high in April on a notable improvement in confidence among service providers. The business confidence index climbed to 89.4 in April from a revised 87.9 in March, monthly survey results from the ifo Institute showed on Wednesday. This was the highest score since May 2023, when the reading was 91.4.
RTTNews | 2 days ago
Eurozone Private Sector Growth Strongest In Almost A Year
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed above economists' forecast of 50.8.
RTTNews | 3 days ago
