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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 |
|
|
1.1336 -438 pips |
1.1576 +198 pips |
1.17744 | |
| EURAUD |
|
|
1.7337 -642 pips |
1.7944 +35 pips |
1.79791 | |
| EURJPY |
|
|
164.9499 -516 pips |
168.7531 +135 pips |
170.107 | |
| EURCAD |
|
|
1.5682 -346 pips |
1.5972 +56 pips |
1.60278 | |
| EURCHF |
|
|
0.9358 +14 pips |
0.9499 -155 pips |
0.93436 | |
| EURCZK |
|
|
24.6901 +663 pips |
0 +246238 pips |
24.62379 | |
| EURGBP |
|
|
0.8540 -86 pips |
0.8618 +8 pips |
0.86259 | |
| EURHUF |
|
|
397.9672 -35 pips |
405.3240 -700 pips |
398.32 | |
| EURNOK |
|
|
11.4018 -4576 pips |
11.8195 +399 pips |
11.8594 | |
| EURNZD |
|
|
1.8805 -643 pips |
1.9376 +72 pips |
1.94479 |
News (EUR)
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 4h 38min ago
Eurozone Private Sector Expands More Than Estimated
The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 1 day ago
German Unemployment Climbs Less Than Expected In June
Joblessness in Germany rose in June but at a slower than expected pace, official figures revealed on Tuesday, as activity in the biggest economy in the euro area remains sluggish.
RTTNews | 2 days ago
