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Ireland GDP Growth Rate QoQ
Trade, manufacturing, and investment are the cornerstones of Ireland's economy. The country is a significant high-tech manufacturer and exporter of pharmaceuticals and software, and it is one of the world's largest pharmaceutical and software exporters. Domestic consumption, which accounts for 44% of GDP, is the most important component of GDP, followed by gross fixed capital formation (19%) and government expenditure (17%). Net exports contribute 19% of total GDP, with exports accounting for 114% of total GDP and imports accounting for 95%.
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 |
|
|
1.1215 -489 pips |
1.1613 +91 pips |
1.17036 | |
| EURAUD |
|
|
1.7246 -696 pips |
1.7973 -31 pips |
1.79425 | |
| EURJPY |
|
|
166.2363 -549 pips |
170.3168 +141 pips |
171.730 | |
| EURCAD |
|
|
1.5658 -374 pips |
1.5988 +44 pips |
1.60317 | |
| EURCHF |
|
|
0.9359 +34 pips |
0.9451 -126 pips |
0.93247 | |
| EURCZK |
|
|
24.6901 +605 pips |
0 +246296 pips |
24.62963 | |
| EURGBP |
|
|
0.8538 -78 pips |
0.8616 -0 pips |
0.86155 | |
| EURHUF |
|
|
397.8895 -225 pips |
405.3240 -518 pips |
400.14 | |
| EURNOK |
|
|
11.5192 -3041 pips |
11.8378 -145 pips |
11.8233 | |
| EURNZD |
|
|
1.8908 -634 pips |
1.9479 +63 pips |
1.95415 |
News (EUR)
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 1 day ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall
Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 1 day ago
Eurozone Investor Confidence Strongest In More Than 3 Years
Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 2 days ago
