Germany Balance of Trade
Because of the large number of automobiles and other machinery exported by Germany since 1952, the country has maintained a consistent trade surplus. Most countries in the world recorded large trade surpluses in 2017, with the largest of these coming from the United States, the United Kingdom, France, Austria, Spain, Sweden, and the United Arab Emirates. China, Norway, the Netherlands, Vietnam, Russia, the Czech Republic, and Ireland are the country with the greatest trade deficits which were recorded.
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 |
|
|
1.0651 -20 pips |
1.0768 -97 pips |
1.06709 | |
| EURAUD |
|
|
1.6475 -87 pips |
1.6584 -22 pips |
1.65615 | |
| EURJPY |
|
|
159.3787 -544 pips |
163.0863 +173 pips |
164.819 | |
| EURCAD |
|
|
1.4578 -104 pips |
1.4722 -40 pips |
1.46823 | |
| EURCHF |
|
|
0.9573 -124 pips |
0.9795 -98 pips |
0.96970 | |
| EURCZK |
|
|
25.3748 +1111 pips |
0 +252637 pips |
25.26370 | |
| EURGBP |
|
|
0.8547 -11 pips |
0.8595 -37 pips |
0.85580 | |
| EURHUF |
|
|
389.1191 -510 pips |
393.1627 +106 pips |
394.22 | |
| EURNOK |
|
|
10.9720 -7819 pips |
11.6769 +770 pips |
11.7539 | |
| EURNZD |
|
|
1.7814 -189 pips |
1.8043 -40 pips |
1.80030 |
News (EUR)
Eurozone Construction Output Rises For Third Month
Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, preliminary data from the statistical office Eurostat showed Thursday. Construction output rose a calendar and seasonally adjusted 1.8 percent month-on-month following a downwardly revised 0.2 percent gain in January.
RTTNews | 4h 32min ago
German Economic Confidence Strengthens On Recovery Hopes
Germany's economic confidence strengthened more-than-expected to hit the highest in more than two years in April as investors anticipate the economy to pick up over the coming months amid the global recovery, survey results from the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment surged to 42.9 in April from 31.7 in the previous month. The reading was seen at 35.1.
RTTNews | 2 days ago
Eurozone Industrial Production Recovers In February
Eurozone industrial production recovered in February driven by the rebound in capital and durable consumer goods output, official data revealed on Monday. Industrial production grew 0.8 percent on a monthly basis in February, Eurostat reported. This was in contrast to the 3.0 percent contraction seen in January but matched economists' expectations.
RTTNews | 3 days ago
