Portugal Consumer Confidence
Based on interviews with consumers on their perceptions of the country's current and future economic status, as well as their purchasing intentions Consumer confidence in Portugal is measured using three-term moving averages. It is calculated using the difference between the proportion of positive evaluation replies and the percentage of negative evaluation replies, however, it does not include the proportion of neutral evaluation responses. Moving averages are used to smooth out the series by eliminating the uneven motions, which allows for the detection of short-term patterns.
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 |
|
|
1.0677 -40 pips |
1.0813 -96 pips |
1.07169 | |
| EURAUD |
|
|
1.6370 -111 pips |
1.6514 -33 pips |
1.64805 | |
| EURJPY |
|
|
160.9781 -579 pips |
164.4918 +227 pips |
166.765 | |
| EURCAD |
|
|
1.4595 -79 pips |
1.4707 -33 pips |
1.46742 | |
| EURCHF |
|
|
0.9633 -163 pips |
0.9905 -109 pips |
0.97956 | |
| EURCZK |
|
|
25.3748 +2318 pips |
0 +251430 pips |
25.14300 | |
| EURGBP |
|
|
0.8566 -14 pips |
0.8606 -26 pips |
0.85798 | |
| EURHUF |
|
|
388.9981 -374 pips |
393.3991 -66 pips |
392.74 | |
| EURNOK |
|
|
10.9830 -7963 pips |
0 +117793 pips |
11.7793 | |
| EURNZD |
|
|
1.7845 -206 pips |
1.8059 -8 pips |
1.80510 |
News (EUR)
German Consumer Sentiment To Hit 2-Year High In May
Germany's consumer confidence is set to rise again in May to hit a two-year high as households turned more optimistic about future income, adding to the list of positive indicators that suggests the biggest euro area economy is likely to undergo a very shallow recession. The forward-looking consumer sentiment index rose to -24.2 in May from a revised value of -27.3 in April.
RTTNews | 7h 45min ago
German Ifo Business Confidence Near 1-Year High
Germany's business sentiment strengthened for the third straight month to a near one-year high in April on a notable improvement in confidence among service providers. The business confidence index climbed to 89.4 in April from a revised 87.9 in March, monthly survey results from the ifo Institute showed on Wednesday. This was the highest score since May 2023, when the reading was 91.4.
RTTNews | 1 day ago
Eurozone Private Sector Growth Strongest In Almost A Year
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was offset the strength in the service sector, flash survey results from S&P Global showed on Tuesday. The composite output index registered 51.4 in April, up from 50.3 in March. The reading stayed above economists' forecast of 50.8.
RTTNews | 2 days ago
