Cyprus Inflation Rate YoY
Consumption of food and non-alcoholic beverages is the most significant category in the consumer price index in Cyprus (16.2% of total weight). Transport contributes 15.2% of total GDP, followed by housing and utilities (12.3%), miscellaneous goods and services (8.8%), clothing and footwear (8.5%), and restaurants and hotels (8.4%). 30.6 percent of the total weight is accounted for by the following categories: furniture, household goods and maintenance, health, recreation and culture, communication, education, and alcoholic beverages and tobacco.
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 |
|
|
1.0368 -34 pips |
1.0729 -327 pips |
1.04021 | |
| EURAUD |
|
|
1.6392 -240 pips |
1.6650 -18 pips |
1.66317 | |
| EURJPY |
|
|
156.7338 -538 pips |
163.8853 -177 pips |
162.116 | |
| EURCAD |
|
|
1.4797 -133 pips |
1.4964 -34 pips |
1.49296 | |
| EURCHF |
|
|
0.9403 -33 pips |
0.9631 -195 pips |
0.94357 | |
| EURCZK |
|
|
25.2779 +1320 pips |
0 +251459 pips |
25.14592 | |
| EURGBP |
|
|
0.8394 -50 pips |
0.8460 -16 pips |
0.84436 | |
| EURHUF |
|
|
400.4734 -1104 pips |
406.2462 +527 pips |
411.51 | |
| EURNOK |
|
|
11.4331 -3544 pips |
11.7142 +733 pips |
11.7875 | |
| EURNZD |
|
|
1.8072 -336 pips |
1.8403 +5 pips |
1.84078 |
News (EUR)
German Economic Confidence Weakens In January
German economic sentiment deteriorated more than expected in January as the economy remained in recession for the second straight year and inflationary pressure rose recently, results of a survey by the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 10.3 from 15.7 in December. The reading was expected to drop moderately to 15.2.
RTTNews | 1 day ago
ECB Minutes Show Policymakers Saw Room For More Easing
European Central Bank policymakers were looking forward to more interest rate cuts, but they saw the need for a cautious approach due to several uncertainties that could derail inflation from its path to the 2 percent target, the minutes of the December 11-12 policy session showed on Thursday.
RTTNews | 5 days ago
German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.
RTTNews | 7 days ago
