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 |
|
|
1.1261 -471 pips |
1.1627 +105 pips |
1.17320 | |
| EURAUD |
|
|
1.7093 -565 pips |
1.7798 -140 pips |
1.76580 | |
| EURJPY |
|
|
165.6834 -755 pips |
171.5672 +166 pips |
173.230 | |
| EURCAD |
|
|
1.5861 -376 pips |
1.6162 +75 pips |
1.62370 | |
| EURCHF |
|
|
0.9344 +3 pips |
0.9475 -134 pips |
0.93410 | |
| EURCZK |
|
|
24.4964 +2123 pips |
0 +242841 pips |
24.28410 | |
| EURGBP |
|
|
0.8552 -97 pips |
0.8665 -16 pips |
0.86490 | |
| EURHUF |
|
|
392.5288 +300 pips |
0 +38953 pips |
389.53 | |
| EURNOK |
|
|
10.6220 -9424 pips |
11.6714 -1070 pips |
11.5644 | |
| EURNZD |
|
|
1.8945 -790 pips |
1.9761 -26 pips |
1.97350 |
News (EUR)
ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced
European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
RTTNews | 2 days ago
French Industrial Output Falls Most In 3 Months
France's industrial production declined at the fastest pace in three months in July on sharp contractions in production of transport equipment and machinery, signaling a weak start to the third quarter after Prime Minister François Bayrou lost a confidence vote in the Parliament this week. Industrial production logged a monthly fall of 1.1 percent in July.
RTTNews | 4 days ago
German Industrial Output Rebounds; Exports Fall
Germany's industrial output expanded for the first time in four months in July, while exports declined on weaker demand from the United States and China. Industrial production rose 1.3 percent month-on-month in July, data from Destatis showed Monday. The expansion reversed June's decrease of 0.1 percent, which was revised sharply from a 1.9 percent drop estimated initially.
RTTNews | 5 days ago
