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 |
|
|
1.1291 -11 pips |
1.1488 -186 pips |
1.13019 | |
| EURAUD |
|
|
1.5724 -121 pips |
1.6050 -205 pips |
1.58455 | |
| EURJPY |
|
|
126.5219 -210 pips |
129.8456 -123 pips |
128.619 | |
| EURCAD |
|
|
1.4236 -19 pips |
1.4528 -273 pips |
1.42552 | |
| EURCHF |
|
|
1.0403 +91 pips |
1.0538 -226 pips |
1.0312 | |
| EURCZK |
|
|
24.4272 -757 pips |
0 +245029 pips |
24.5029 | |
| EURGBP |
|
|
0.8354 -24 pips |
0.8501 -123 pips |
0.8378 | |
| EURHUF |
|
|
346.0900 -1390 pips |
361.9078 -192 pips |
359.987 | |
| EURNOK |
|
|
9.0365 -11000 pips |
10.4326 -2961 pips |
10.13648 | |
| EURNZD |
|
|
1.6689 -197 pips |
1.6959 -73 pips |
1.68862 |
