Germany 7-Year Bund Auction
The 7 year bund action shows the bunds issued by Germany's federal government with maturities 7 years to finance outgoing expenditures. In essence, they are federal government loans that are auctioned in the main market and exchanged in the secondary market.
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 |
|
|
1.0686 -36 pips |
1.0811 -89 pips |
1.07220 | |
| EURAUD |
|
|
1.6320 -115 pips |
1.6504 -69 pips |
1.64345 | |
| EURJPY |
|
|
160.8595 -591 pips |
165.2072 +156 pips |
166.771 | |
| EURCAD |
|
|
1.4586 -60 pips |
1.4692 -46 pips |
1.46461 | |
| EURCHF |
|
|
0.9634 -158 pips |
0.9903 -111 pips |
0.97922 | |
| EURCZK |
|
|
25.3748 +2331 pips |
0 +251417 pips |
25.14170 | |
| EURGBP |
|
|
0.8566 -12 pips |
0.8607 -29 pips |
0.85780 | |
| EURHUF |
|
|
388.9981 -359 pips |
393.2328 -65 pips |
392.59 | |
| EURNOK |
|
|
10.9830 -7756 pips |
11.7910 -324 pips |
11.7586 | |
| EURNZD |
|
|
1.7822 -165 pips |
1.8052 -65 pips |
1.79872 |
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 | 18h 31min 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 | 1 day 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 | 2 days ago
