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Latvia GDP Growth Rate YoY
Latvia's most dominant component of GDP is household consumption (accounting for 61% of total GDP usage). The next most important components are gross fixed capital formation (23%) and government expenditure (18%). Exports of goods and services account for 59% of total GDP, while imports account for 62%, resulting in a 3% reduction in total GDP.
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 |
|
|
1.1230 -474 pips |
1.1605 +99 pips |
1.17045 | |
| EURAUD |
|
|
1.7242 -664 pips |
1.7972 -66 pips |
1.79060 | |
| EURJPY |
|
|
166.1207 -530 pips |
170.4154 +100 pips |
171.417 | |
| EURCAD |
|
|
1.5658 -364 pips |
1.5986 +36 pips |
1.60224 | |
| EURCHF |
|
|
0.9360 +53 pips |
0.9443 -136 pips |
0.93073 | |
| EURCZK |
|
|
24.6901 +411 pips |
0 +246490 pips |
24.64900 | |
| EURGBP |
|
|
0.8537 -78 pips |
0.8616 -1 pips |
0.86151 | |
| EURHUF |
|
|
397.8895 -205 pips |
405.3240 -538 pips |
399.94 | |
| EURNOK |
|
|
11.5192 -3042 pips |
11.8378 -144 pips |
11.8234 | |
| EURNZD |
|
|
1.8911 -604 pips |
1.9476 +39 pips |
1.95152 |
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 | 2 days 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
