The most important exports of Montenegro include manufactured products, mineral fuels, lubricants, raw materials, and food and beverages. The country has strong commercial relations with its neighbors, which may be traced back to ancient times. Accounting for 46% of Montenegrin exports, tourism is already a significant component of the country's trade flows, and it is likely to continue to develop in the coming years. Montenegro's mineral reserves also contribute significantly to the country's exports, which are assisted by a thriving complementary manufacturing sector. Manufactured goods, food, beverages, and tobacco, as well as mineral fuels, lubricants, machinery, and transportation equipment, are the main of Montenegro's imports. Serbia, Greece, Bosnia and Herzegovina, Germany, Italy, and Croatia are some of Montenegro's most important trading partners.
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 |
|
|
1.0625 -76 pips |
1.0829 -128 pips |
1.0701 | |
EURAUD |
|
|
1.5857 -228 pips |
1.6213 -128 pips |
1.60847 | |
EURJPY |
|
|
144.7741 -522 pips |
148.0114 +198 pips |
149.991 | |
EURCAD |
|
|
1.4166 -148 pips |
1.4549 -235 pips |
1.43141 | |
EURCHF |
|
|
0.9720 -17 pips |
0.9903 -166 pips |
0.97372 | |
EURCZK |
|
|
23.4551 -1797 pips |
24.1257 -4909 pips |
23.6348 | |
EURGBP |
|
|
0.8590 -12 pips |
0.8678 -76 pips |
0.86021 | |
EURHUF |
|
|
371.3242 +286 pips |
379.7523 -1129 pips |
368.462 | |
EURNOK |
|
|
11.2154 -5974 pips |
11.9175 -1047 pips |
11.8128 | |
EURNZD |
|
|
1.7415 -303 pips |
1.7721 -3 pips |
1.77183 |