Luxembourg GDP Growth Rate YoY
In Luxembourg, the expenditures are dominated by the external balance of exports and imports, which accounts for 35% of total GDP consumption, with exports of goods and services accounting for 200% and imports accounting for 165%. Domestic consumption accounts for 30% of GDP, gross fixed capital formation accounts for 18% of GDP, and government expenditure accounts for 17% of 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 |
|
|
1.0678 -44 pips |
1.0794 -72 pips |
1.07221 | |
| EURAUD |
|
|
1.6341 -48 pips |
1.6470 -81 pips |
1.63886 | |
| EURJPY |
|
|
158.3492 -825 pips |
166.6202 -2 pips |
166.599 | |
| EURCAD |
|
|
1.4623 -83 pips |
1.4731 -25 pips |
1.47056 | |
| EURCHF |
|
|
0.9678 -133 pips |
0.9932 -121 pips |
0.98108 | |
| EURCZK |
|
|
25.3748 +2971 pips |
0 +250777 pips |
25.07770 | |
| EURGBP |
|
|
0.8542 -9 pips |
0.8581 -30 pips |
0.85511 | |
| EURHUF |
|
|
385.2565 -440 pips |
392.6329 -297 pips |
389.66 | |
| EURNOK |
|
|
11.1094 -7053 pips |
11.8782 -635 pips |
11.8147 | |
| EURNZD |
|
|
1.7945 -120 pips |
1.8082 -17 pips |
1.80647 |
News (EUR)
Eurozone Exits Recession In Q1
The euro area economy expanded in the first quarter after two consecutive declines as all big four economies exhibited better performance, boosting hopes of a sustained recovery this year. Gross domestic product grew by a faster-than-expected 0.3 percent sequentially following a 0.1 percent fall each in the fourth and third quarters of 2023, preliminary flash estimates from Eurostat showed.
RTTNews | 1 day ago
Germany Skirts Recession In Q1
The German economy avoided a recession in the first quarter on exports and investment in construction, preliminary data from Destatis showed on Tuesday. Gross domestic product grew a more-than-expected 0.2 percent sequentially in the first quarter, in contrast to the revised 0.5 percent decrease in the preceding three months.
RTTNews | 1 day ago
German Inflation Steady At 2.2%
Germany's consumer prices logged a steady pace of increase in April reflecting the stickiness of inflation despite the disinflationary pressure gaining strength over recent months. The consumer price index posted an annual growth of 2.2 percent, which was the same rate as seen in March and weaker than economists' forecast of 2.3 percent. The current 2.2 percent inflation was the lowest since 2021.
RTTNews | 2 days ago
