Ireland AIB Services PMI
According to Investec Services PMI Ireland, data collated from monthly responses to questionnaires given to around 450 private businesses in the country's private service sector is used to calculate the PMI. An index reading that is higher than 50.0 indicates that the corresponding variable (i.e. new orders, price, employment, etc.) is expanding, an index reading that is lower than 50.0 indicates that the corresponding variable is contracting, and an index reading that is at 50.0 indicates that the situation is stable when compared to the previous month.
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 |
|
|
1.0673 -21 pips |
1.0785 -91 pips |
1.06939 | |
| EURAUD |
|
|
1.6256 -117 pips |
1.6459 -86 pips |
1.63732 | |
| EURJPY |
|
|
161.2534 -743 pips |
164.7163 +396 pips |
168.679 | |
| EURCAD |
|
|
1.4516 -104 pips |
1.4665 -45 pips |
1.46196 | |
| EURCHF |
|
|
0.9629 -143 pips |
0.9880 -108 pips |
0.97720 | |
| EURCZK |
|
|
25.3748 +2146 pips |
0 +251602 pips |
25.16020 | |
| EURGBP |
|
|
0.8564 -0 pips |
0.8604 -40 pips |
0.85640 | |
| EURHUF |
|
|
388.8500 -330 pips |
393.1614 -101 pips |
392.15 | |
| EURNOK |
|
|
10.9878 -8106 pips |
11.7910 +74 pips |
11.7984 | |
| EURNZD |
|
|
1.7790 -208 pips |
1.8051 -53 pips |
1.79982 |
News (EUR)
German Consumer Sentiment To Hit 2-Year High In May
Germany's consumer confidence is set to rise again in May to hit a two-year high as households turned more optimistic about future income, adding to the list of positive indicators that suggests the biggest euro area economy is likely to undergo a very shallow recession. The forward-looking consumer sentiment index rose to -24.2 in May from a revised value of -27.3 in April.
RTTNews | 1 day ago
German Ifo Business Confidence Near 1-Year High
Germany's business sentiment strengthened for the third straight month to a near one-year high in April on a notable improvement in confidence among service providers. The business confidence index climbed to 89.4 in April from a revised 87.9 in March, monthly survey results from the ifo Institute showed on Wednesday. This was the highest score since May 2023, when the reading was 91.4.
RTTNews | 2 days ago
Eurozone Private Sector Growth Strongest In Almost A Year
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed above economists' forecast of 50.8.
RTTNews | 3 days ago
