Germany Factory Orders MoM
In Germany, Factory Orders are calculated based on changes in the number of new orders received by manufacturers on a monthly basis. Because they are significantly influenced by geopolitical events, momentary shocks in demand, and business deals that may only occur once, factory order figures in Germany can be highly unstable and misleading.
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 |
|
|
1.1391 -422 pips |
1.1675 +138 pips |
1.18135 | |
| EURAUD |
|
|
1.7274 -505 pips |
1.7871 -92 pips |
1.77792 | |
| EURJPY |
|
|
166.0102 -768 pips |
171.8152 +188 pips |
173.694 | |
| EURCAD |
|
|
1.5910 -364 pips |
1.6230 +44 pips |
1.62741 | |
| EURCHF |
|
|
0.9341 +12 pips |
0.9462 -133 pips |
0.93288 | |
| EURCZK |
|
|
24.4964 +1785 pips |
0 +243179 pips |
24.31794 | |
| EURGBP |
|
|
0.8587 -86 pips |
0.8671 +2 pips |
0.86728 | |
| EURHUF |
|
|
392.0800 +186 pips |
0 +39022 pips |
390.22 | |
| EURNOK |
|
|
9.5573 -20462 pips |
11.6447 -412 pips |
11.6035 | |
| EURNZD |
|
|
1.9210 -721 pips |
1.9782 +149 pips |
1.99307 |
News (EUR)
Eurozone Industrial Production Recovers In July
Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.
RTTNews | 1 day ago
German Economic Sentiment Rises In September
German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
RTTNews | 1 day ago
ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced
European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
RTTNews | 6 days ago
