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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 |
|
|
1.0942 -429 pips |
1.1352 +19 pips |
1.13711 | |
| EURAUD |
|
|
1.7032 -744 pips |
1.7882 -106 pips |
1.77758 | |
| EURJPY |
|
|
155.9637 -659 pips |
163.2837 -73 pips |
162.553 | |
| EURCAD |
|
|
1.5273 -449 pips |
1.5725 -3 pips |
1.57221 | |
| EURCHF |
|
|
0.9373 -11 pips |
0.9646 -262 pips |
0.93836 | |
| EURCZK |
|
|
0 -249080 pips |
25.1544 -2464 pips |
24.90801 | |
| EURGBP |
|
|
0.8445 -63 pips |
0.8552 -44 pips |
0.85080 | |
| EURHUF |
|
|
396.3552 -789 pips |
405.2951 -105 pips |
404.25 | |
| EURNOK |
|
|
11.1782 -6018 pips |
11.8969 -1169 pips |
11.7800 | |
| EURNZD |
|
|
1.8491 -689 pips |
1.9286 -106 pips |
1.91799 |
News (EUR)
German Economy Recovers On Spending, Investment
The German economy recovered in the first quarter driven by higher private consumption and investment, flash data from Destatis revealed on Wednesday. Gross domestic product grew 0.2 percent sequentially, offsetting the 0.2 percent fall in the preceding quarter. The rate also matched economists' expectations. The calendar-adjusted GDP posted an annual fall of 0.2 percent.
RTTNews | 1h 9min ago
French Economy Recovers In Q1
The French economy avoided a technical recession in the first quarter with a marginal expansion, official data revealed on Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent, flash data from the statistical office INSEE revealed. The rate came in line with expectations.
RTTNews | 3h 50min ago
Eurozone Economic Sentiment At 4-Month Low
Euro area economic confidence weakened more than expected to a four-month low in April largely due to the trade tariff threats, survey data from the European Commission showed on Tuesday. The economic sentiment index declined to 93.6 in April from 95.0 in the previous month. The score was forecast to fall to 94.5.
RTTNews | 21h 49min ago
