Montenegro Balance of Trade
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 |
|
|
1.1241 -442 pips |
1.1588 +95 pips |
1.16828 | |
| EURAUD |
|
|
1.7157 -708 pips |
1.7956 -91 pips |
1.78652 | |
| EURJPY |
|
|
164.3369 -738 pips |
170.7344 +98 pips |
171.714 | |
| EURCAD |
|
|
1.5580 -479 pips |
1.6094 -35 pips |
1.60593 | |
| EURCHF |
|
|
0.9351 -5 pips |
0.9480 -124 pips |
0.93561 | |
| EURCZK |
|
|
24.5218 +669 pips |
0 +244549 pips |
24.45489 | |
| EURGBP |
|
|
0.8572 -97 pips |
0.8654 +15 pips |
0.86686 | |
| EURHUF |
|
|
395.9733 -59 pips |
405.0881 -852 pips |
396.56 | |
| EURNOK |
|
|
10.6220 -11237 pips |
11.7581 -124 pips |
11.7457 | |
| EURNZD |
|
|
1.9087 -722 pips |
1.9833 -24 pips |
1.98094 |
News (EUR)
German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 1h 24min ago
French Inflation Cools; Economy Expands As Estimated
France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.
RTTNews | 3h 54min ago
Eurozone Economic Confidence Weakens In August
Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 23h 58min ago
