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Netherlands Balance of Trade
The economy in the Netherlands is export-oriented that obtains more than two-thirds of its gross domestic product (GDP) from the retail trade. The most important exports are machinery and transport equipment (which account for 28% of total exports), mineral fuels (which account for 23%), food (which accounts for 11%), apparel and footwear (which accounts for 10%), and medicines (5%). The most important imports into the Netherlands are gas (which accounts for 29% of overall imports), machinery (which accounts for 26%), and food and live animals (which accounts for 8.6%). The most important trading partners are Germany (accounts for 24% of total exports and 17% of all imports) and Belgium (12% of exports and 10% imports). China, France, the United Kingdom, and the United States are among other major trading partners of the Netherlands.
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 |
|
|
1.0974 -449 pips |
1.1543 -120 pips |
1.14233 | |
| EURAUD |
|
|
1.7124 -625 pips |
1.7861 -112 pips |
1.77488 | |
| EURJPY |
|
|
165.9396 -617 pips |
170.7124 +140 pips |
172.111 | |
| EURCAD |
|
|
1.5414 -408 pips |
1.5915 -93 pips |
1.58217 | |
| EURCHF |
|
|
0.9347 +57 pips |
0.9413 -123 pips |
0.92904 | |
| EURCZK |
|
|
24.6542 +868 pips |
0 +245674 pips |
24.56742 | |
| EURGBP |
|
|
0.8544 -104 pips |
0.8664 -16 pips |
0.86480 | |
| EURHUF |
|
|
397.4508 -235 pips |
405.3578 -556 pips |
399.80 | |
| EURNOK |
|
|
10.8444 -9482 pips |
11.8352 -426 pips |
11.7926 | |
| EURNZD |
|
|
1.8683 -715 pips |
1.9427 -29 pips |
1.93980 |
News (EUR)
German Unemployment Rises In July
Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.
RTTNews | 11h 51min ago
Eurozone Jobless Rate Unchanged At 6.2%
The euro area unemployment rate remained stable in June despite slowing economic growth and challenging global trade situation, official data revealed on Thursday. The jobless rate came in at seasonally adjusted 6.2 percent, the same rate as seen in May and down from 6.4 percent in the same period last year, Eurostat said Thursday.
RTTNews | 13h 36min ago
Eurozone Economy Fares Better Than Expected In Q2
The euro area economy logged better-than-expected growth in the second quarter but the pace of expansion slowed markedly as the first quarter performance was inflated after U.S. importers frontloaded their orders to reduce the cost burden of higher tariffs. Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, preliminary flash estimate from Eurostat.
RTTNews | 1 day ago
