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Germany Ifo Business Climate
According Entrepreneurs' feelings about their current business position and their aspirations for the next six months are measured by the IFO Business Climate Index, which is used in Germany. The poll is conducted over the phone and includes 9,000 organizations from the manufacturing, service, commerce, and construction industries. The difference between the percentage share of executives who are optimistic and the percentage share of executives who are pessimistic is calculated by the Business Climate Balance. This balance can have values ranging from -100 (all responding firms consider their situation to be terrible and anticipate that business will decline) to +100 (all responding firms believe their situation to be excellent and expect business to improve). To calculate the IFO Business Climate Index, the Balance is normalized to the average of a base year's balance (currently 2015).
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 |
|
|
1.1233 -487 pips |
1.1607 +113 pips |
1.17197 | |
| EURAUD |
|
|
1.7241 -675 pips |
1.7970 -54 pips |
1.79158 | |
| EURJPY |
|
|
166.2320 -521 pips |
170.6837 +76 pips |
171.440 | |
| EURCAD |
|
|
1.5662 -385 pips |
1.5982 +65 pips |
1.60470 | |
| EURCHF |
|
|
0.9358 +45 pips |
0.9434 -121 pips |
0.93126 | |
| EURCZK |
|
|
24.6901 +547 pips |
0 +246354 pips |
24.63540 | |
| EURGBP |
|
|
0.8538 -82 pips |
0.8615 +5 pips |
0.86201 | |
| EURHUF |
|
|
397.8895 -175 pips |
405.3240 -568 pips |
399.64 | |
| EURNOK |
|
|
11.5192 -3070 pips |
11.8378 -116 pips |
11.8262 | |
| EURNZD |
|
|
1.8905 -604 pips |
1.9479 +30 pips |
1.95086 |
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