Ireland Residential Property Prices YoY
The housing index in Ireland is referred to as the Residential Property Price Index (RPPI), and it is used to track changes in the average price paid for residential properties sold in the country. According to Section 13 of the Housing Act (2002), eight of the largest mortgage lending institutions report data on mortgage drawdowns on a monthly basis. Prices are only recorded when a sale occurs. As not all residential real estate transactions are mortgage-financed (they are cash-based), they are excluded from the scope of the index.
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 |
1.04020 | |
| EURAUD |
|
|
1.6392 -238 pips |
1.6650 -20 pips |
1.66303 | |
| EURJPY |
|
|
156.7270 -545 pips |
163.8877 -171 pips |
162.182 | |
| EURCAD |
|
|
1.4797 -129 pips |
1.4964 -38 pips |
1.49257 | |
| EURCHF |
|
|
0.9403 -34 pips |
0.9631 -194 pips |
0.94370 | |
| EURCZK |
|
|
25.2779 +1375 pips |
0 +251404 pips |
25.14043 | |
| EURGBP |
|
|
0.8394 -49 pips |
0.8460 -17 pips |
0.84427 | |
| EURHUF |
|
|
400.4734 -1102 pips |
406.2462 +525 pips |
411.49 | |
| EURNOK |
|
|
11.4331 -3534 pips |
11.7142 +723 pips |
11.7865 | |
| EURNZD |
|
|
1.8072 -336 pips |
1.8403 +5 pips |
1.84080 |
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
