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Euro Area ECB Interest Rate Decision
The Governing Council of the European Central Bank determines the benchmark interest rate for the Euro Area. ECB's monetary policy is primarily concerned with maintaining price stability, which is defined as keeping inflation below but near to 2% over the medium term. During protracted periods of low inflation and low interest rates, the ECB may also use unconventional monetary policy tools such as asset purchase programs. The Main refinancing operations rate is the official interest rate.
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 -406 pips |
1.1317 -10 pips |
1.13073 | |
| EURAUD |
|
|
1.7039 -541 pips |
1.7787 -207 pips |
1.75804 | |
| EURJPY |
|
|
158.2966 -493 pips |
164.2317 -100 pips |
163.229 | |
| EURCAD |
|
|
1.5297 -340 pips |
1.5638 -1 pips |
1.56369 | |
| EURCHF |
|
|
0.9365 -1 pips |
0.9559 -193 pips |
0.93658 | |
| EURCZK |
|
|
0 -249009 pips |
24.9760 -751 pips |
24.90091 | |
| EURGBP |
|
|
0.8379 -11 pips |
0.8449 -59 pips |
0.83899 | |
| EURHUF |
|
|
396.4791 -724 pips |
405.3240 -160 pips |
403.72 | |
| EURNOK |
|
|
10.3621 -11419 pips |
11.5285 -245 pips |
11.5040 | |
| EURNZD |
|
|
1.8526 -445 pips |
1.9121 -150 pips |
1.89712 |
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 15min 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
