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Portugal Balance of Trade
Compared to the previous year, Portugal's trade imbalance climbed by 23.4 percent, reaching EUR 13.8 billion in 2017. This is the largest growth in the country's trade since 2011. Imports surged by 12.5%, the highest level since 2010, while exports increased at a lesser rate of 10.1%, the highest level since 2011. The countries with the largest trade imbalances were Spain, Germany, Italy, the Netherlands, Russia, and China, while the countries with the largest trade surpluses were the United States, the United Kingdom, and France.
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 |
|
|
1.1233 -487 pips |
1.1607 +113 pips |
1.17197 | |
| EURAUD |
|
|
1.7241 -676 pips |
1.7970 -53 pips |
1.79167 | |
| EURJPY |
|
|
166.2320 -522 pips |
170.6837 +77 pips |
171.449 | |
| EURCAD |
|
|
1.5662 -385 pips |
1.5982 +65 pips |
1.60469 | |
| EURCHF |
|
|
0.9358 +45 pips |
0.9434 -121 pips |
0.93127 | |
| EURCZK |
|
|
24.6901 +543 pips |
0 +246358 pips |
24.63580 | |
| EURGBP |
|
|
0.8538 -82 pips |
0.8615 +5 pips |
0.86200 | |
| EURHUF |
|
|
397.8895 -175 pips |
405.3240 -568 pips |
399.64 | |
| EURNOK |
|
|
11.5192 -3067 pips |
11.8378 -119 pips |
11.8259 | |
| EURNZD |
|
|
1.8905 -604 pips |
1.9479 +30 pips |
1.95086 |
News (EUR)
German Exports Decline As Tariff Treats Damp Demand From US
Germany's exports declined for the second straight month in May due to a sharp fall in demand from the US amid tariff threats, data from Destatis revealed on Tuesday. Exports decreased by more-than-expected 1.4 percent month-on-month in May, following April's 1.6 percent fall. Economists had forecast a 0.2 percent drop. Imports slid 3.8 percent from last month.
RTTNews | 1 day ago
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 | 2 days 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 | 2 days ago
