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 |
|
|
1.1270 -379 pips |
1.1579 +70 pips |
1.16493 | |
| EURAUD |
|
|
1.7149 -721 pips |
1.7966 -96 pips |
1.78702 | |
| EURJPY |
|
|
164.1177 -736 pips |
170.7039 +77 pips |
171.478 | |
| EURCAD |
|
|
1.5575 -465 pips |
1.6091 -51 pips |
1.60401 | |
| EURCHF |
|
|
0.9350 +16 pips |
0.9428 -94 pips |
0.93339 | |
| EURCZK |
|
|
24.5764 +494 pips |
0 +245270 pips |
24.52700 | |
| EURGBP |
|
|
0.8538 -82 pips |
0.8640 -20 pips |
0.86198 | |
| EURHUF |
|
|
395.9733 -26 pips |
405.3578 -912 pips |
396.24 | |
| EURNOK |
|
|
10.6220 -11034 pips |
11.7621 -367 pips |
11.7254 | |
| EURNZD |
|
|
1.9209 -651 pips |
1.9852 +8 pips |
1.98598 |
News (EUR)
German GfK Consumer Confidence To Fall Further
German consumer confidence is set to continue to fall in September as rising fear of job losses weighed on purchase decisions and damped hopes of robust economic recovery, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index fell to -23.6 in September from -21.7 in the previous month. The reading was forecast to drop moderately to -22.
RTTNews | 19h 55min ago
French Consumer Sentiment Weakest Since 2023
France's consumer confidence weakened to the lowest level since October 2023 largely due to the weaker outlook for standard of living and the fall in saving intentions. The consumer sentiment index edged down to 87 in August from 88 in July. This was the lowest reading since October 2023 and remained below its long-term average of 100.
RTTNews | 1 day ago
German Ifo Business Confidence Strongest Since 2024
German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
RTTNews | 2 days ago
