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 |
|
|
1.0421 -40 pips |
1.0697 -236 pips |
1.04612 | |
| EURAUD |
|
|
1.6338 -115 pips |
1.6530 -77 pips |
1.64530 | |
| EURJPY |
|
|
151.7953 -424 pips |
159.5214 -349 pips |
156.032 | |
| EURCAD |
|
|
1.4758 -125 pips |
1.4918 -35 pips |
1.48830 | |
| EURCHF |
|
|
0.9400 +15 pips |
0.9574 -189 pips |
0.93850 | |
| EURCZK |
|
|
25.0306 -445 pips |
0 +250751 pips |
25.07512 | |
| EURGBP |
|
|
0.8293 +11 pips |
0.8329 -47 pips |
0.82818 | |
| EURHUF |
|
|
398.0816 -517 pips |
405.1104 -186 pips |
403.25 | |
| EURNOK |
|
|
11.2809 -3787 pips |
11.6460 +136 pips |
11.6596 | |
| EURNZD |
|
|
1.8032 -184 pips |
1.8302 -86 pips |
1.82160 |
News (EUR)
Eurozone Private Sector Expands In February
The euro area private sector managed to grow for the second straight month in February with the deepening contraction in France being offset by a moderate rebound in Germany, flash data from the purchasing managers' survey by S&P Global showed on Friday.The flash composite output index remained unchanged at 50.2 in February. Economists had forecast the indicator to rise to 50.5.
RTTNews | 1 day ago
German Private Sector Growth Picks Up
Germany's private sector growth picked up in February as services activity showed a steady expansion and manufacturing contracted at the slowest pace in two years, flash survey data from S&P Global revealed Friday. The flash composite output index came in at 51.0 in February, up from 50.5 in January. This was the highest reading in nine months and was above forecast of 50.8. A score above 50.0 i
RTTNews | 1 day ago
French Private Sector Downturn Deepens
France's private sector registered a deeper contraction in February as the drag from the service sector intensified, survey results from S&P Global revealed Friday. The HCOB flash composite output index dropped unexpectedly to 44.5 in February from 47.6 in January. The score signaled the steepest fall since September 2023. The reading was seen at 48.0.
RTTNews | 1 day ago
