Euro Area GDP Growth Rate YoY
The Euro Area is an economic and monetary union comprised of 19 European nations that have embraced the euro as their national currency. It is the world's second-largest economy, and if it were a country, it would be the third most populated in the world, with 341 million people. The GDP's next four most important economies are Germany (29%), France (20%), Italy (15%), and Spain (10%).
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 |
|
|
1.0583 +48 pips |
1.0812 -277 pips |
1.05351 | |
| EURAUD |
|
|
1.6148 -13 pips |
1.6321 -160 pips |
1.61613 | |
| EURJPY |
|
|
155.7863 -667 pips |
165.5367 -308 pips |
162.453 | |
| EURCAD |
|
|
1.4612 -95 pips |
1.4859 -152 pips |
1.47065 | |
| EURCHF |
|
|
0.9386 +86 pips |
0.9521 -221 pips |
0.92998 | |
| EURCZK |
|
|
0 -253186 pips |
25.1442 +1744 pips |
25.31864 | |
| EURGBP |
|
|
0.8332 -8 pips |
0.8408 -68 pips |
0.83399 | |
| EURHUF |
|
|
399.8570 -1101 pips |
411.2588 -39 pips |
410.87 | |
| EURNOK |
|
|
10.5561 -10758 pips |
11.7475 -1156 pips |
11.6319 | |
| EURNZD |
|
|
1.7830 -105 pips |
1.8045 -110 pips |
1.79348 |
News (EUR)
Eurozone Inflation Rises To 2% As Estimated
Eurozone inflation returned to the 2 percent target in October, final data from Eurostat showed on Tuesday. The harmonized index of consumer prices climbed as initially estimated in October after rising 1.7 percent in September. Core inflation that excludes prices of energy, food, alcohol and tobacco, remained unchanged at 2.7 percent in October.
RTTNews | 2 days ago
Eurozone Trade Surplus Increases In September
The euro area trade surplus increased notably in September as exports to the United States surged ahead of the presidential election in November that saw Donald Trump winning the race. The trade surplus rose to EUR 12.5 billion in September from EUR 9.8 billion in the same period last year, data from Eurostat showed Monday.
RTTNews | 3 days ago
EU Forecasts Eurozone Growth To Pick Up Despite Heightened Uncertainty
The Eurozone economic growth is projected to pick up next year with acceleration of domestic demand despite risks to global trade from protectionist measures. In the Autumn Forecast, the European Commission retained the economic growth outlook for 2024 at 0.8 percent. The currency bloc continued to grow at a subdued pace through the second and third quarters amid easing inflationary pressures.
RTTNews | 6 days ago
