Portugal GDP Growth Rate YoY
When it comes to expenditures, household consumption is the most important component of GDP, accounting for 66% of total use. This is followed by government expenditure (19%) and gross fixed capital formation (15%). Exports of products and services account for 40% of GDP, whereas imports account for 40% as well.
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 |
|
|
1.0666 -32 pips |
1.0784 -86 pips |
1.06980 | |
| EURAUD |
|
|
1.6352 -113 pips |
1.6517 -52 pips |
1.64651 | |
| EURJPY |
|
|
161.9759 -411 pips |
163.8009 +229 pips |
166.088 | |
| EURCAD |
|
|
1.4586 -69 pips |
1.4691 -36 pips |
1.46550 | |
| EURCHF |
|
|
0.9625 -158 pips |
0.9921 -138 pips |
0.97830 | |
| EURCZK |
|
|
25.3748 +1394 pips |
0 +252354 pips |
25.23540 | |
| EURGBP |
|
|
0.8576 -10 pips |
0.8618 -32 pips |
0.85858 | |
| EURHUF |
|
|
389.0719 -470 pips |
393.3991 +37 pips |
393.77 | |
| EURNOK |
|
|
10.9147 -8464 pips |
0 +117611 pips |
11.7611 | |
| EURNZD |
|
|
1.7827 -195 pips |
1.8059 -37 pips |
1.80225 |
News (EUR)
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 | 14h 49min 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 | 1 day ago
Eurozone Construction Output Rises For Third Month
Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, preliminary data from the statistical office Eurostat showed Thursday. Construction output rose a calendar and seasonally adjusted 1.8 percent month-on-month following a downwardly revised 0.2 percent gain in January.
RTTNews | 6 days ago
