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Euro Area Inflation Rate YoY
The inflation rate in the Euro Area is derived by taking a weighted average of the aggregates of the Harmonised Index of Consumer Prices (HICP). The following are the primary components of the HICP: services (41%), non-energy industrial goods (29%), food, alcohol, and tobacco (19% of the overall weight), and energy (11%). The HICP aggregates are calculated by taking the weighted average of each country's HICP components and averaging them together. The weight of a country is the proportion of final monetary consumption expenditure incurred by households in the country's group that it represents. HICPs are provided to Eurostat by National Statistical Institutes (NSIs).
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 |
|
|
1.0982 -383 pips |
1.1351 +14 pips |
1.13647 | |
| EURAUD |
|
|
1.7018 -754 pips |
1.7884 -112 pips |
1.77724 | |
| EURJPY |
|
|
156.8764 -641 pips |
163.8534 -56 pips |
163.289 | |
| EURCAD |
|
|
1.5285 -481 pips |
1.5731 +35 pips |
1.57660 | |
| EURCHF |
|
|
0.9374 -46 pips |
0.9644 -224 pips |
0.94201 | |
| EURCZK |
|
|
0 -249289 pips |
25.1544 -2255 pips |
24.92889 | |
| EURGBP |
|
|
0.8484 -54 pips |
0.8575 -37 pips |
0.85385 | |
| EURHUF |
|
|
397.6900 -713 pips |
405.4403 -62 pips |
404.82 | |
| EURNOK |
|
|
11.1792 -6636 pips |
11.9452 -1024 pips |
11.8428 | |
| EURNZD |
|
|
1.8452 -624 pips |
1.9234 -158 pips |
1.90763 |
News (EUR)
German Ifo Business Sentiment Strengthens In April
German business confidence improved in April despite trade tariff uncertainty weighing on expectations, survey results from the the Munich-based ifo Institute revealed on Thursday. The ifo business climate index rose to 86.9 points from 86.7 points in March. The score was forecast to fall to 85.1.
RTTNews | 3 days ago
Eurozone Private Sector Activity Moves Closer To Stagnation
The euro area private sector moved closer to stagnation in April as activity was held back by faster reduction in orders amid the escalating trade tariff concerns, the results of the latest purchasing managers' survey by S&P Global showed on Wednesday. The HCOB flash composite output index eased to 50.1 in April, which was only slightly above the 50.0 no-change mark.
RTTNews | 4 days ago
German Private Sector Falls Back Into Contraction
Germany's private sector fell into the contraction territory in April as trade tariff concerns damped business confidence and demand, flash purchasing managers' survey by S&P Global revealed Wednesday. The composite output index fell to 49.7 in April from 51.3 in March. The score fell below the 50.0 no-change mark for the first time in four months.
RTTNews | 4 days ago
