Ireland GDP Growth Rate YoY
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 |
|
|
1.0627 +7 pips |
1.0733 -113 pips |
1.06198 | |
| EURAUD |
|
|
1.6483 -100 pips |
1.6580 +3 pips |
1.65830 | |
| EURJPY |
|
|
158.1746 -604 pips |
163.0639 +115 pips |
164.213 | |
| EURCAD |
|
|
1.4600 -82 pips |
1.4723 -41 pips |
1.46817 | |
| EURCHF |
|
|
0.9570 -128 pips |
0.9820 -122 pips |
0.96981 | |
| EURCZK |
|
|
25.3748 +1323 pips |
0 +252425 pips |
25.24250 | |
| EURGBP |
|
|
0.8536 -9 pips |
0.8576 -31 pips |
0.85450 | |
| EURHUF |
|
|
389.4265 -587 pips |
393.7777 +152 pips |
395.30 | |
| EURNOK |
|
|
10.9264 -7476 pips |
11.7193 -453 pips |
11.6740 | |
| EURNZD |
|
|
1.7914 -143 pips |
1.8043 +14 pips |
1.80573 |
News (EUR)
German Economic Confidence Strengthens On Recovery Hopes
Germany's economic confidence strengthened more-than-expected to hit the highest in more than two years in April as investors anticipate the economy to pick up over the coming months amid the global recovery, survey results from the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment surged to 42.9 in April from 31.7 in the previous month. The reading was seen at 35.1.
RTTNews | 9h 52min ago
Eurozone Industrial Production Recovers In February
Eurozone industrial production recovered in February driven by the rebound in capital and durable consumer goods output, official data revealed on Monday. Industrial production grew 0.8 percent on a monthly basis in February, Eurostat reported. This was in contrast to the 3.0 percent contraction seen in January but matched economists' expectations.
RTTNews | 1 day ago
Eurozone Lenders To Tighten Credit Standards For Loans To Firms, Demand To Fall - ECB
Eurozone lenders intend to tighten conditions for loans to firms in the second quarter and they expect a fall in demand for loans from enterprises, the bank lending survey results from the European Central Bank showed on Tuesday. Lenders plan to moderately tighten credit standards for loans to firms and maintain credit standards for loans to households in the second quarter.
RTTNews | 7 days ago
