Greece Inflation Rate YoY
Among the most significant categories in the Consumer Price Index (CPI) in Greece are: food and non-alcoholic beverages (17% of total weight), transportation (13%), housing (12%), and hotels, cafes, and restaurants (11% of total weight). Aside from these, the index includes clothing and footwear (9%), health (7%), furniture and houseware (7%), entertainment and culture (5%), and communication (5%). The remaining 14% of the overall weight includes alcoholic beverages, tobacco, and other commodities and services.
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 |
|
|
1.0346 -9 pips |
1.0681 -326 pips |
1.03554 | |
| EURAUD |
|
|
1.6392 -248 pips |
1.6652 -12 pips |
1.66401 | |
| EURJPY |
|
|
155.4188 -602 pips |
163.6440 -221 pips |
161.435 | |
| EURCAD |
|
|
1.4793 -156 pips |
1.4968 -19 pips |
1.49492 | |
| EURCHF |
|
|
0.9398 -33 pips |
0.9622 -191 pips |
0.94306 | |
| EURCZK |
|
|
25.2779 +1195 pips |
0 +251584 pips |
25.15840 | |
| EURGBP |
|
|
0.8397 -61 pips |
0.8463 -5 pips |
0.84585 | |
| EURHUF |
|
|
400.4734 -1044 pips |
406.2462 +467 pips |
410.92 | |
| EURNOK |
|
|
11.4146 -4042 pips |
11.7142 +1046 pips |
11.8188 | |
| EURNZD |
|
|
1.8055 -354 pips |
1.8399 +10 pips |
1.84088 |
News (EUR)
German Economic Confidence Weakens In January
German economic sentiment deteriorated more than expected in January as the economy remained in recession for the second straight year and inflationary pressure rose recently, results of a survey by the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 10.3 from 15.7 in December. The reading was expected to drop moderately to 15.2.
RTTNews | 5h 36min ago
ECB Minutes Show Policymakers Saw Room For More Easing
European Central Bank policymakers were looking forward to more interest rate cuts, but they saw the need for a cautious approach due to several uncertainties that could derail inflation from its path to the 2 percent target, the minutes of the December 11-12 policy session showed on Thursday.
RTTNews | 4 days ago
German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.
RTTNews | 6 days ago
