Breaking News

Italy Industrial Production YoY

Latest Release

Nov 08, 2024

Actual

-4.0%

-3.2%

Industrial Production Index is an economic indicator that measures changes in output for the manufacturing, mining, and utilities. Although these sectors contribute only a small portion of GDP, they are highly sensitive to interest rates and consumer demand. This makes Industrial Production an important tool for forecasting future GDP and economic performance. A higher than expected number should be taken as positive to the EUR, while a lower than expected number as negative

Importance:

Country:

Currency: EUR

Source: National Institute of Statisti...

Release Date	Time	Actual	Previous
Dec 10, 2024 (Oct)	20:00		-4.0%
Nov 08, 2024 (Sep)	20:00	-4.0%	-3.2%
Oct 10, 2024 (Aug)	19:00	-3.2%	-3.3%
Sep 10, 2024 (Jul)	19:00	-3.3%	-2.6%
Aug 02, 2024 (Jun)	19:00	-2.6%	-3.3%
Jul 10, 2024 (May)	19:00	-3.3%	-3.0%

News

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Analysis

EUR/USD Oversold: How to Play a Potential Post-FOMC Short-Squeeze Rally By Fawad Razaqzada - Jun 11, 2024

From its high point on Friday to its lowest so far this week, the EUR/USD has fallen about 170 pips, or 1.57% in the pace of two and a half sessions. Friday’s drop was triggered by a stronger US jobs...

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The strength of the US dollar dominates forex markets, dimming the Euro's prospects. Geopolitical events in the Middle East fuel risk aversion, boosting the dollar's safe-haven status. Factors like...

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