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Montenegro Balance of Trade
The most important exports of Montenegro include manufactured products, mineral fuels, lubricants, raw materials, and food and beverages. The country has strong commercial relations with its neighbors, which may be traced back to ancient times. Accounting for 46% of Montenegrin exports, tourism is already a significant component of the country's trade flows, and it is likely to continue to develop in the coming years. Montenegro's mineral reserves also contribute significantly to the country's exports, which are assisted by a thriving complementary manufacturing sector. Manufactured goods, food, beverages, and tobacco, as well as mineral fuels, lubricants, machinery, and transportation equipment, are the main of Montenegro's imports. Serbia, Greece, Bosnia and Herzegovina, Germany, Italy, and Croatia are some of Montenegro's most important trading 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 |
|
|
1.0901 -404 pips |
1.1317 -12 pips |
1.13055 | |
| EURAUD |
|
|
1.7039 -544 pips |
1.7787 -204 pips |
1.75828 | |
| EURJPY |
|
|
158.2966 -497 pips |
164.2317 -97 pips |
163.263 | |
| EURCAD |
|
|
1.5297 -340 pips |
1.5638 -1 pips |
1.56367 | |
| EURCHF |
|
|
0.9365 -1 pips |
0.9559 -193 pips |
0.93665 | |
| EURCZK |
|
|
0 -249009 pips |
24.9760 -751 pips |
24.90089 | |
| EURGBP |
|
|
0.8379 -11 pips |
0.8449 -59 pips |
0.83897 | |
| EURHUF |
|
|
396.4791 -725 pips |
405.3240 -160 pips |
403.73 | |
| EURNOK |
|
|
10.3621 -11418 pips |
11.5285 -246 pips |
11.5039 | |
| EURNZD |
|
|
1.8526 -447 pips |
1.9121 -148 pips |
1.89729 |
News (EUR)
Eurozone Economic Sentiment Rises More Than Forecast
Eurozone economic confidence strengthened more than expected in May as manufacturers, consumers and retailers showed signs of recovery, survey data from the European Commission revealed on Tuesday. The Economic Sentiment Indicator climbed to 94.8 from 93.8 in April. The reading was above forecast of 94.0. The rise in the ESI was primarily driven by the improvements in the industry, retail trad
RTTNews | 16h 14min ago
German Consumer Sentiment To Improve Moderately In June
German consumer confidence is set to improve moderately to a seven-month high in June driven by strengthening economic and income expectations but overall level remained weak, a closely watched survey revealed Tuesday. The consumer climate indicator rose to -19.9 in June from -20.8 in the previous month, a survey jointly published by the market research group GfK and NIM showed.
RTTNews | 18h 5min ago
Germany Logs Stronger Growth On Tariff Threats
The German economy grew at a stronger-than-estimated pace in the first quarter as higher tariff threats by the U.S. administration led to the frontloading of orders for the country's goods, lifting exports and industrial production. Gross domestic product grew 0.4 percent, which was double the initial estimate of 0.2 percent, a detailed report from Destatis revealed on Friday.
RTTNews | 4 days ago
