Germany GDP Growth Rate YoY
Germany's economy - the fifth largest in the world and the largest in Europe - is a top exporter of machinery, vehicles, chemicals, and home goods, and it benefits from a highly skilled labor force. A look at the GDP composition on the expenditure side reveals that it is dominated by household consumption (55%), gross capital formation (20%, with 10% of that coming from construction, 6% from machinery and equipment, and 4% from other products), and government expenditure (19%). Approximately 46% of GDP is accounted for by exports of goods and services, with imports accounting for 39% and contributing 7% to total GDP.
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 |
|
|
1.1120 -474 pips |
1.1583 +11 pips |
1.15936 | |
| EURAUD |
|
|
1.7487 -560 pips |
1.8045 +2 pips |
1.80465 | |
| EURJPY |
|
|
164.7160 -760 pips |
170.6349 +168 pips |
172.314 | |
| EURCAD |
|
|
1.5763 -365 pips |
1.6091 +37 pips |
1.61278 | |
| EURCHF |
|
|
0.9370 -20 pips |
0.9531 -141 pips |
0.93904 | |
| EURCZK |
|
|
24.5764 +13 pips |
0 +245751 pips |
24.57512 | |
| EURGBP |
|
|
0.8564 -86 pips |
0.8659 -9 pips |
0.86501 | |
| EURHUF |
|
|
396.0300 -6 pips |
405.3578 -927 pips |
396.09 | |
| EURNOK |
|
|
11.1437 -6749 pips |
11.8302 -116 pips |
11.8186 | |
| EURNZD |
|
|
1.9305 -634 pips |
1.9875 +64 pips |
1.99392 |
News (EUR)
Eurozone Consumer Confidence Weakens More Than Expected In August
Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews | 11h 16min ago
Eurozone Private Sector Expands At Fastest Pace In 15 Months
Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs. The HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July, survey results from S&P Global revealed Thursday. The score was seen at 50.7.
RTTNews | 17h 1min ago
Eurozone Trade Surplus Declines Sharply In June
The euro area trade surplus declined sharply in June as exports remained weak amid a rebound in imports, official data revealed on Monday. The trade balance registered a surplus of EUR 7.0 billion compared to May's surplus of EUR 16.5 billion, Eurostat reported. Compared to last year, the surplus contracted by EUR 13.7 billion from EUR 20.7 billion.
RTTNews | 3 days ago
