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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 |
|
|
1.1311 -424 pips |
1.1631 +104 pips |
1.17350 | |
| EURAUD |
|
|
1.7436 -587 pips |
1.7985 +38 pips |
1.80231 | |
| EURJPY |
|
|
165.4941 -570 pips |
168.5057 +269 pips |
171.197 | |
| EURCAD |
|
|
1.5657 -361 pips |
1.5983 +35 pips |
1.60179 | |
| EURCHF |
|
|
0.9358 +8 pips |
0.9523 -173 pips |
0.93502 | |
| EURCZK |
|
|
24.6901 +581 pips |
0 +246320 pips |
24.63199 | |
| EURGBP |
|
|
0.8537 -68 pips |
0.8616 -11 pips |
0.86052 | |
| EURHUF |
|
|
397.9327 -156 pips |
405.3240 -583 pips |
399.50 | |
| EURNOK |
|
|
11.4721 -3716 pips |
11.8573 -136 pips |
11.8437 | |
| EURNZD |
|
|
1.8944 -579 pips |
1.9442 +81 pips |
1.95234 |
News (EUR)
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 | 3h 28min 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 | 5h 16min ago
German Industrial Production Rebounds In May
Germany's industrial production rebounded in May driven by robust demand for automobile and pharmaceutical products, official data revealed on Monday. Data released by Destatis showed that industrial production grew 1.2 percent in May from a month ago, confounding expectations for a decline of 0.6 percent. Output in April was revised down to show a 1.6 percent fall compared to the 1.4 percent d
RTTNews | 5h 43min ago
