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 |
|
|
1.1401 -235 pips |
1.1614 +22 pips |
1.16362 | |
| EURAUD |
|
|
1.7321 -504 pips |
1.7888 -63 pips |
1.78247 | |
| EURJPY |
|
|
172.9149 -686 pips |
177.7277 +205 pips |
179.777 | |
| EURCAD |
|
|
1.5924 -400 pips |
1.6267 +57 pips |
1.63241 | |
| EURCHF |
|
|
0.9270 +48 pips |
0.9346 -124 pips |
0.92219 | |
| EURCZK |
|
|
0 -241727 pips |
24.3478 -1751 pips |
24.17270 | |
| EURGBP |
|
|
0.8701 -122 pips |
0.8775 +48 pips |
0.88235 | |
| EURHUF |
|
|
383.4350 -69 pips |
385.0461 -92 pips |
384.13 | |
| EURNOK |
|
|
10.5060 -11555 pips |
11.6458 +157 pips |
11.6615 | |
| EURNZD |
|
|
1.9718 -862 pips |
2.0316 +264 pips |
2.05799 |
News (EUR)
Eurozone Industrial Production Rises Less Than Forecast
Eurozone industrial production recovered at a moderate pace in September largely driven by the rebound in energy output, official data showed on Thursday. Industrial production grew at a slower-than-expected pace of 0.2 percent in September from August, Eurostat revealed. Output was forecast to grow 0.7 percent, reversing a 1.1 percent fall in August.
RTTNews | 10h 51min ago
German Economic Confidence Weakens In November
German economic confidence weakened moderately in November as investors became concerned about the ability of economic policies to address its key issues, a monthly survey conducted by the think tank ZEW showed Tuesday. The economic sentiment index fell unexpectedly to 38.5 in November from 39.3 in the previous month. The reading was forecast to rise to 41.0.
RTTNews | 2 days ago
Eurozone Sentix Investor Sentiment Weakens
Eurozone investor confidence weakened in November as the economy struggles to emerge from the slump, survey results from the behavioral research institute Sentix showed on Monday. The investor confidence index fell unexpectedly to -7.4 in November from -5.4 in October. The score was forecast to improve to -3.9.
RTTNews | 3 days ago
