Over the period 1995 to 2007, the Irish economy grew at an annual rate of approximately 6% on average, owing primarily to increases in consumer expenditure, construction, and business investment. Due to a collapse in the real estate market, economic activity plummeted precipitously in 2008, and the country entered into recession for the first time in more than a decade. Following a series of economic reforms aimed at reducing the budget deficit and government debt, the GDP began to grow in the third quarter of 2010, and after three-quarters of recession in 2012, it has risen to the position of the fastest growing economy in the Euro Area.
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 |
|
|
1.0572 -161 pips |
1.0832 -99 pips |
1.07325 | |
| EURAUD |
|
|
1.5308 -92 pips |
1.5588 -188 pips |
1.54 | |
| EURJPY |
|
|
136.1107 -429 pips |
141.3938 -99 pips |
140.402 | |
| EURCAD |
|
|
1.4043 -331 pips |
1.4470 -96 pips |
1.43736 | |
| EURCHF |
|
|
0.9895 +6 pips |
1.0019 -130 pips |
0.98892 | |
| EURCZK |
|
|
23.7276 -447 pips |
23.8194 -471 pips |
23.77232 | |
| EURGBP |
|
|
0.8817 -84 pips |
0.8928 -27 pips |
0.89012 | |
| EURHUF |
|
|
391.4340 +44 pips |
407.8942 -1690 pips |
390.997 | |
| EURNOK |
|
|
10.6139 -4566 pips |
10.8825 +1880 pips |
11.07049 | |
| EURNZD |
|
|
1.6793 -173 pips |
1.7055 -89 pips |
1.69658 |
