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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 |
|
|
1.0660 -128 pips |
1.0890 -102 pips |
1.07878 | |
| EURAUD |
|
|
1.6765 -286 pips |
1.7151 -100 pips |
1.70511 | |
| EURJPY |
|
|
156.0658 -595 pips |
163.6549 -163 pips |
162.020 | |
| EURCAD |
|
|
1.5149 -222 pips |
1.5485 -114 pips |
1.53712 | |
| EURCHF |
|
|
0.9464 -69 pips |
0.9674 -141 pips |
0.95329 | |
| EURCZK |
|
|
0 -249121 pips |
24.9887 -766 pips |
24.91211 | |
| EURGBP |
|
|
0.8339 -21 pips |
0.8401 -41 pips |
0.83602 | |
| EURHUF |
|
|
395.8930 -443 pips |
404.5721 -425 pips |
400.32 | |
| EURNOK |
|
|
10.2986 -10311 pips |
11.4891 -1594 pips |
11.3297 | |
| EURNZD |
|
|
1.8367 -364 pips |
1.8851 -120 pips |
1.87312 |
News (EUR)
French Consumer Confidence Weakens
French consumer sentiment weakened in March largely due to the deterioration in households' view about future financial situation, monthly survey data from the statistical office INSEE showed on Wednesday. The consumer confidence index fell unexpectedly to 92 in March from 93 in February. The reading was expected to rise to 94.
RTTNews | 4h 25min ago
German Ifo Business Confidence At 8-Month High
German business confidence improved to an eight-month high in March as defense and infrastructure spending plans offset concerns about US trade policies, survey data from ifo Institute showed on Tuesday. The business climate index hit 86.7 in March, up from 85.3 in the previous month. The score was seen at 86.8. The reading was the strongest since last July.
RTTNews | 1 day ago
Eurozone Private Sector Expands For Third Month
Eurozone private sector expanded for the third straight month in March as manufacturing production increased for the first time in two years, joining services in growth territory, data from S&P Global showed on Monday. The HCOB flash composite output index ticked up to 50.4 in March from 50.2 in February. The score has remained above the threshold 50.0 indicating expansion.
RTTNews | 2 days ago
