Euro Area Consumer Confidence
The Consumer Economic Sentiment Indicator gauges the level of confidence that consumers have in the economy in the Eurozone. About 23 000 households throughout the Eurozone are surveyed via telephone in this analysis. Each zone has a different number of households to sample. The inquiries concentrate on the current economic and financial condition, savings plans, and anticipated changes in consumer price indices, the general economic situation, and large purchases of durable goods. On a scale of -100 to 100, the Consumer ESI assesses consumer trust, with -100 indicating great lack of confidence, 0 indicating neutrality, and 100 indicating extreme optimism.
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 |
|
|
1.0382 -67 pips |
1.0753 -304 pips |
1.04492 | |
| EURAUD |
|
|
1.6389 -231 pips |
1.6650 -30 pips |
1.66197 | |
| EURJPY |
|
|
156.8811 -589 pips |
164.1322 -136 pips |
162.770 | |
| EURCAD |
|
|
1.4797 -165 pips |
1.4966 -4 pips |
1.49615 | |
| EURCHF |
|
|
0.9403 -39 pips |
0.9632 -190 pips |
0.94423 | |
| EURCZK |
|
|
25.2779 +1057 pips |
0 +251722 pips |
25.17222 | |
| EURGBP |
|
|
0.8394 -56 pips |
0.8462 -12 pips |
0.84503 | |
| EURHUF |
|
|
400.4734 -1065 pips |
406.2462 +488 pips |
411.13 | |
| EURNOK |
|
|
11.4500 -3020 pips |
11.7142 +378 pips |
11.7520 | |
| EURNZD |
|
|
1.8067 -324 pips |
1.8405 -14 pips |
1.83912 |
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
