Estonia Balance of Trade
Estonia's exports have increased dramatically in recent years. Machinery and equipment (mostly wireless-network gear and wind generators), mineral products, agricultural goods, and food preparations account for the majority of Estonia's exports, followed by mineral products and agricultural products and food preparations. Sweden, Finland, and Russia are the country's primary export partners. Although Estonia is a small country, it is forced to import a large number of items. Machines and equipment, mineral materials, agricultural products, and food preparations account for the majority of Estonia's imports. Finland, Sweden, and Germany are the primary import partners.
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 |
|
|
1.0375 -75 pips |
1.0747 -297 pips |
1.04496 | |
| EURAUD |
|
|
1.6392 -227 pips |
1.6650 -31 pips |
1.66185 | |
| EURJPY |
|
|
156.7533 -589 pips |
164.0785 -143 pips |
162.647 | |
| EURCAD |
|
|
1.4793 -169 pips |
1.4964 -2 pips |
1.49618 | |
| EURCHF |
|
|
0.9402 -46 pips |
0.9630 -182 pips |
0.94483 | |
| EURCZK |
|
|
25.2779 +1571 pips |
0 +251208 pips |
25.12081 | |
| EURGBP |
|
|
0.8394 -54 pips |
0.8462 -14 pips |
0.84484 | |
| EURHUF |
|
|
400.4734 -1090 pips |
406.2462 +513 pips |
411.37 | |
| EURNOK |
|
|
11.4331 -3250 pips |
11.7142 +439 pips |
11.7581 | |
| EURNZD |
|
|
1.8070 -318 pips |
1.8406 -18 pips |
1.83883 |
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
