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Germany Industrial Production MoM
Industrial production in Germany is a measure of the output of firms that are incorporated into the industrial sector of the economy. The most important industry in the world is Manufacturing, accounting for 79% of total production. The most dominant components within Manufacturing are: Mechanical equipment accounts for 12% of total production, followed by motor vehicles, trailers and semi-trailers (12%), basic metals and fabricated metal products (10%), and computers, electronic and optical products as well as electrical equipment (10%). 11% of overall output is accounted for by construction, while 10% is accounted for by energy production.
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 |
|
|
1.1199 -442 pips |
1.1552 +89 pips |
1.16414 | |
EURAUD |
|
|
1.7185 -671 pips |
1.7923 -67 pips |
1.78564 | |
EURJPY |
|
|
167.6708 -533 pips |
169.9832 +302 pips |
173.001 | |
EURCAD |
|
|
1.5628 -353 pips |
1.5934 +47 pips |
1.59806 | |
EURCHF |
|
|
0.9338 +7 pips |
0.9512 -181 pips |
0.93313 | |
EURCZK |
|
|
24.6542 +289 pips |
0 +246253 pips |
24.62531 | |
EURGBP |
|
|
0.8562 -100 pips |
0.8647 +15 pips |
0.86620 | |
EURHUF |
|
|
397.3707 -138 pips |
405.3578 -661 pips |
398.75 | |
EURNOK |
|
|
11.6006 -3035 pips |
11.8553 +488 pips |
11.9041 | |
EURNZD |
|
|
1.8785 -732 pips |
1.9511 +6 pips |
1.95170 |