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Germany Exports MoM
In terms of exports, Germany ranks third in the world, with exports accounting for about half of the country's total GDP. Motor vehicles, trailers, and semi-trailers accounted for 18% of total exports in 2017, followed by machinery and equipment (14%), chemicals and chemical products (9%), computer, electronic, and optical products (9%), electrical equipment (6%), basic pharmaceutical products and pharmaceutical preparations (6%), other transport equipment (5%), food (4%) basic metals (4%) and rubber and plastic products (4%). The United States accounting for 9% of overall exports, followed by France (8%), China, the United Kingdom, and the Netherlands (7% each), Italy, Austria, and Poland (5% each), Switzerland (4%), and Belgium, Spain, and the Czech Republic (3% each) are the most important export partners.
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 |
|
|
1.1187 -501 pips |
1.1607 +81 pips |
1.16879 | |
| EURAUD |
|
|
1.7106 -658 pips |
1.7876 -112 pips |
1.77641 | |
| EURJPY |
|
|
166.7608 -557 pips |
169.8787 +245 pips |
172.327 | |
| EURCAD |
|
|
1.5628 -355 pips |
1.5974 +9 pips |
1.59827 | |
| EURCHF |
|
|
0.9350 +34 pips |
0.9453 -137 pips |
0.93164 | |
| EURCZK |
|
|
24.6901 +42 pips |
0 +246859 pips |
24.68591 | |
| EURGBP |
|
|
0.8553 -100 pips |
0.8618 +35 pips |
0.86527 | |
| EURHUF |
|
|
397.5902 -231 pips |
405.3578 -546 pips |
399.90 | |
| EURNOK |
|
|
11.4060 -4366 pips |
11.8378 +48 pips |
11.8426 | |
| EURNZD |
|
|
1.8763 -687 pips |
1.9427 +23 pips |
1.94496 |
News (EUR)
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 5 days ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 5 days ago
Eurozone Investor Confidence Strongest In More Than 3 Years
Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 6 days ago
