EUR Fundamental Analysis




EUR's current outlook score of 50 shows that the long-term outlook is neutral; traders with a long-term trading timeline will probably be very sensitive to the day-to-day news, thus the long-term trend will probably change based on breaking news.

The latest 10 economic indicators released out of Euro Zone have added 0 to the total Fundamental Outlook score of EUR. This represents a low rate of growth in recent months. More specifically, the most recent economic release with the greatest impact for EUR was the , which took place on April 19, 2014 at 2:28pm GMT. The Deviation for the is and the Forecast at the time was . The actual figure came in at , which was a positive surprise for EUR.

Although the current score for EUR is 50, please understand that this merely reflects the long-term view based on official economic data out of Euro Zone. This outlook score does not account for market sentiment, namely risk appetite or risk aversion, order flows, or any breaking news that has the potential of changing the short-term market trend.

Fundamental Outlook Score is meant to be used as a direction confirmation tool, the idea behind this indicator is the sum of the effects of market sentiments into an easy to understand format. The proper use of this tool is to pre-qualify your trade. In the case of EUR, which has a neutral score, your bias would be to stay away from it for the time being until a clear trend emerges. This DOES NOT MEAN you should trade in the direction of the score blindly, but use it to filter out other trading signals that may tell you to go in the opposite direction... I believe ultimately the market will follow the fundamentals, and that's the key to Fundamental Outlook Score. Click here for more information and detailed explanation on Fundamental Forex Outlook.

Recent Economic Indicators And Impact Score For Euro Zone

  DateEvent DescriptionForecastActualScore
2014-04-16 EUR Core CPI y/y... 0.8% 0.7% 0
2014-04-03 ECB Rate Press Conference... N/A N/A 0
2014-04-03 EU ECB Interest Rate... 0.25% 0.25% 0
2014-04-02 EU Quarterly GDP... 0.3% 0.2% 0
2014-03-17 EUR Core CPI y/y... 1.0% 1.0% 0
2014-03-06 ECB Rate Press Conference... N/A N/A 0
2014-03-06 EU ECB Interest Rate... 0.25% 0.25% 0
2014-02-24 EUR Core CPI y/y... 0.8% 0.8% 0
2014-02-14 EU Quarterly GDP... 0.2% 0.3% 0
2014-02-06 ECB Rate Press Conference... N/A N/A 0
2014-02-06 EU ECB Interest Rate... 0.25% 0.25% 0

EUR Core CPI y/y
2014-04-16 0.7% 0.8% 0
2014-03-17 1.0% 1.0% 0
2014-02-24 0.8% 0.8% 0
2014-01-16 0.7% 0.9% 0
2013-12-17 0.9% 1.0% 0
2013-11-15 0.8% 0.8% 0

Welcome to Currency News Trading

Login or Signup to join our fast growing Forex community and find out why Fundamental Analysis is the key to consistent trading...

Sign Up Now

Becoming a member is easy. Just fill in the fields on the registration page and we'll get a new account set up for you in less than 30 seconds...

Forgot Your Password?

A new password will be e-mailed to you.

Member Login