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.

Category:  GDP Annual Growth Rate
Units:  Percent
Details
Impact: Low
Country:
Currency: EUR
Latest Release
Previous: -8.7%
Consensus: -0.8%
Actual: -6.5%
Next Release
Date: Sep 02, 10:00
Time left: 44 days
Consensus: 0.5%

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
1.0816
-75 pips
1.0904
-13 pips
1.08912
Symbol Action Percentage Volume Positions
EURUSD Short 71% 57135.80 lots 153039
Long 29% 23421.42 lots 82385
42% of traders are currently trading EURUSD.
EURAUD
1.6162
-112 pips
1.6311
-37 pips
1.62743
Symbol Action Percentage Volume Positions
EURAUD Short 71% 3191.62 lots 13515
Long 29% 1298.23 lots 7461
7% of traders are currently trading EURAUD.
EURJPY
164.0926
-748 pips
170.9623
+61 pips
171.570
Symbol Action Percentage Volume Positions
EURJPY Short 64% 2168.87 lots 8165
Long 36% 1211.20 lots 6035
6% of traders are currently trading EURJPY.
EURCAD
1.4832
-105 pips
1.4897
+40 pips
1.49372
Symbol Action Percentage Volume Positions
EURCAD Short 94% 8559.71 lots 29035
Long 6% 587.51 lots 2575
8% of traders are currently trading EURCAD.
EURCHF
0.9649
-39 pips
0.9771
-83 pips
0.96879
Symbol Action Percentage Volume Positions
EURCHF Short 64% 3049.24 lots 10734
Long 36% 1680.34 lots 7586
6% of traders are currently trading EURCHF.
EURCZK
24.8913
-3482 pips
25.4193
-1798 pips
25.23950
Symbol Action Percentage Volume Positions
EURCZK Short 67% 0.04 lots 3
Long 33% 0.02 lots 1
0% of traders are currently trading EURCZK.
EURGBP
0.8445
+18 pips
0.8496
-69 pips
0.84270
Symbol Action Percentage Volume Positions
EURGBP Short 12% 1420.76 lots 7742
Long 88% 10125.67 lots 39397
14% of traders are currently trading EURGBP.
EURHUF
386.3484
-432 pips
392.8521
-218 pips
390.67
Symbol Action Percentage Volume Positions
EURHUF Short 91% 4.16 lots 45
Long 9% 0.40 lots 28
0% of traders are currently trading EURHUF.
EURNOK
11.1136
-7083 pips
11.6305
+1914 pips
11.8219
Symbol Action Percentage Volume Positions
EURNOK Short 97% 1.85 lots 11
Long 3% 0.06 lots 3
0% of traders are currently trading EURNOK.
EURNZD
1.7902
-186 pips
1.7882
+206 pips
1.80881
Symbol Action Percentage Volume Positions
EURNZD Short 80% 3247.99 lots 13886
Long 20% 833.63 lots 3047
6% of traders are currently trading EURNZD.