Euro News (EUR)

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One in three German companies plans job cuts in 2025

More than a third of German companies plan to slash jobs in 2025, according to Reuters experts who reviewed a study by the German Economic Institute (IW).

18 April
European Union. Unemployment Rate. The value of the indicator has decreased from 6.2% to 6.1%

A decrease of the indicator value may contribute to the rise in quotes of EUR.

1 April
European Union. CPI (YoY). The value of the indicator has decreased from 2.3% to 2.2%

A decrease of the indicator value may contribute to the fall in quotes of EUR.

1 April
European Union. Manufacturing PMI. The value of the indicator has decreased from 48.7 to 48.6

A decrease of the indicator value may contribute to the fall in quotes of EUR.

1 April
Germany. German Manufacturing PMI. The value of the indicator remained at the same level of 48.3

No change of the indicator value may reduce the volatility of the related markets.

1 April
Italy's inflation exceeds 2% for first time since 2023

In Italy, inflation exceeded the European Central Bank's (ECB) target for the first time in 18 months, reaching 2.1%. The main reasons for the rise in consumer prices were higher energy and food costs.

1 April
Italy's inflation exceeds 2% for first time since 2023
More and more ECB officials support pausing monetary policy easing cycle

According to insiders interviewed by Bloomberg, a growing number of the European Central Bank (ECB) officials doubt the need to continue interest rate cuts this month.

1 April
More and more ECB officials support pausing monetary policy easing cycle
German inflation slowed more than expected in March

German inflation slowed in March, edging closer to the European Central Bank's (ECB) 2% target. Consumer prices in the country rose 2.3% from a year earlier. Economists polled by Bloomberg had forecast a 2.4% increase.

1 April
German inflation slowed more than expected in March
Germany. German CPI (MoM). The value of the indicator has decreased from 0.4% to 0.3%

A decrease of the indicator value may contribute to the fall in quotes of EUR.

31 March
Eurozone consumer prices rose 2.2% in March — Bloomberg poll

According to the median forecast of 35 economists surveyed by Bloomberg, consumer prices in Europe grew by 2.2% on a yearly basis in March. The region’s core inflation might have reached 2.5% in March.

31 March
Eurozone consumer prices rose 2.2% in March — Bloomberg poll
Economists cut forecasts for GDP growth in Canada amid trade tensions

According to a Bloomberg survey conducted among 34 economists, in the second quarter of this year, the Canadian economy is projected to grow at an annualized rate of 0.7%. This is significantly lower than the 1.7% growth rate anticipated for the aforementioned period in the previous survey.

31 March
Economists cut forecasts for GDP growth in Canada amid trade tensions

The European currency is one of the world's major monetary units. It has a crucial role to play in the global economy. Market participants constantly need to identify trends and forecast fluctuations in the euro exchange rate in order to make reasonable trading decisions.

Key drivers of the euro are the following:

  • Macroeconomic indicators such as consumer price indices (CPI), estimates of gross domestic product (GDP), and central bank decisions;
  • Political variables such as geopolitical stability and government policies.

Market manipulation by large investors has a significant impact on the exchange rate of the European currency. Their actions can both stabilize and greatly shake the money market. These may include:

  • large injections or withdrawals of currency from the market;
  • change in the general mood among investors, which often depends on economic and political conditions.

Investment activity monitoring can help to understand and predict trends in the movement of the European currency rates.

Forecasting the value of the euro is a challenging task. There are many reasons for this, including geopolitical and economic risks that make foreign exchange markets particularly susceptible to change. Minor political instability or financial crisis in certain countries may have a significant impact on the value of the European currency, emphasizing the need to carefully consider these factors when developing investment strategies.

Successful trading the Eurozone currency requires a comprehensive approach. Analyzing global political and economic circumstances, taking into account the influence of traders, and assessing risks are integral parts of the decision-making process for opening trading positions.