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 |
|
|
1.0723 -41 pips |
1.0823 -59 pips |
1.07640 | |
| EURAUD |
|
|
1.6188 -97 pips |
1.6349 -64 pips |
1.62854 | |
| EURJPY |
|
|
161.9772 -442 pips |
165.4632 +94 pips |
166.402 | |
| EURCAD |
|
|
1.4641 -83 pips |
1.4740 -16 pips |
1.47242 | |
| EURCHF |
|
|
0.9607 -160 pips |
0.9844 -77 pips |
0.97671 | |
| EURCZK |
|
|
25.3748 +3851 pips |
0 +249897 pips |
24.98970 | |
| EURGBP |
|
|
0.8559 -16 pips |
0.8599 -24 pips |
0.85746 | |
| EURHUF |
|
|
384.0294 -415 pips |
390.0976 -192 pips |
388.18 | |
| EURNOK |
|
|
10.9870 -6809 pips |
0 +116679 pips |
11.6679 | |
| EURNZD |
|
|
1.7781 -125 pips |
1.7971 -65 pips |
1.79064 |
News (EUR)
Eurozone Private Sector Growth Accelerates In April
The euro area private sector growth accelerated to an 11-month high in April driven by the service sector, final survey results from S&P Global showed on Monday. The HCOB composite output index rose to 51.7 in April from 50.3 in the previous month. The flash estimate was 51.4.
RTTNews | 19h 26min ago
Eurozone Sentix Investor Confidence Rises For 7 Straight Months
Eurozone investor confidence improved for the seventh straight month in May to hit the highest level since February 2022 as both current situation and expectations rose in small but steady steps, a closely watched survey showed on Monday. The investor confidence index posted -3.6 in May, the behavioral research institute Sentix reported. The score was forecast to improve moderately to -4.8.
RTTNews | 21h 42min ago
Eurozone Unemployment Rate Steady At 6.5% For Fifth Month
Euro area jobless rate remained unchanged at a record low for the fifth month in a row in March and the unemployment decreased, while a tight labor market could urge the European Central Bank to remain cautious even as policymakers gear up for an interest rate cut in June. The seasonally adjusted unemployment rate was 6.5 percent in March, which is the same level as in the previous four months.
RTTNews | 3 days ago
