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 |
|
|
1.0933 -106 pips |
1.1066 -27 pips |
1.10390 | |
| EURAUD |
|
|
1.6419 -131 pips |
1.6604 -54 pips |
1.65497 | |
| EURJPY |
|
|
152.4294 -543 pips |
162.5494 -469 pips |
157.860 | |
| EURCAD |
|
|
1.4804 -172 pips |
1.5021 -45 pips |
1.49765 | |
| EURCHF |
|
|
0.9401 +46 pips |
0.9623 -268 pips |
0.93547 | |
| EURCZK |
|
|
25.0192 -461 pips |
25.0718 -65 pips |
25.06530 | |
| EURGBP |
|
|
0.8433 +4 pips |
0.8490 -61 pips |
0.84290 | |
| EURHUF |
|
|
391.1072 -592 pips |
394.1224 +290 pips |
397.03 | |
| EURNOK |
|
|
11.7545 -1526 pips |
11.7386 +1685 pips |
11.9071 | |
| EURNZD |
|
|
1.7795 -119 pips |
1.8074 -160 pips |
1.79142 |
News (EUR)
Eurozone Sentix Investor Confidence Deteriorates On German Chaos
Euro area investor sentiment weakened further in September as the single currency bloc remains on the brink of recession with the political and economic chaos in Germany weighing heavily on the entire region. The investor confidence index fell to -15.4 in September from -13.9 in August, survey results from the behavioral research institute Sentix showed Monday. This was the third consecutive fal
RTTNews | 1 day ago
Eurozone GDP Growth Slows In Q2
Euro area economic growth rate for the second quarter was revised down as the positive contributions from government consumption and net trade were partially offset by the slump in investment. Gross domestic product grew 0.2 percent from the first quarter, which was revised down from 0.3 percent estimated initially, data from Eurostat showed on Friday.
RTTNews | 4 days ago
German Industrial Production Drops More Than Forecast; Trade Surplus Falls
Raising fears of a recession, Germany's industrial production declined more than expected in July on weaker automotive output and the trade surplus contracted in July as the growth in imports exceeded the rise in exports. Industrial production decreased 2.4 percent month-on-month in July, in contrast to the increase of 1.7 percent in June, Destatis reported Friday. Output was forecast to fall 0.
RTTNews | 4 days ago
