Eurozone’s industrial sector activity witnessed a turnaround in August, the latest data published by Eurostat showed on Tuesday.
Industrial output in the old continent rose by 1.8% MoM, compared to the expected increase of 1.8% and a -0.5% print in July.
Eurozone Industrial Production increased at an annual rate of 0.1% in August versus July’s -2.1%. The market consensus was for -1.0%.
EUR/USD reaction to the Eurozone Industrial Production data
The Eurozone industrial figures failed to move the needle around the Euro, as EUR/USD continues to hold higher ground above 1.0900. The pair is up 0.04% on the day, at the press time.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.03% | -0.15% | -0.46% | 0.09% | 0.15% | 0.08% | -0.24% | |
| EUR | 0.03% | -0.10% | -0.44% | 0.10% | 0.20% | 0.10% | -0.20% | |
| GBP | 0.15% | 0.10% | -0.27% | 0.22% | 0.31% | 0.21% | -0.03% | |
| JPY | 0.46% | 0.44% | 0.27% | 0.55% | 0.61% | 0.53% | 0.27% | |
| CAD | -0.09% | -0.10% | -0.22% | -0.55% | 0.06% | -0.00% | -0.25% | |
| AUD | -0.15% | -0.20% | -0.31% | -0.61% | -0.06% | -0.08% | -0.34% | |
| NZD | -0.08% | -0.10% | -0.21% | -0.53% | 0.00% | 0.08% | -0.25% | |
| CHF | 0.24% | 0.20% | 0.03% | -0.27% | 0.25% | 0.34% | 0.25% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
Source: https://www.fxstreet.com/news/eurozone-industrial-production-jumps-by-18-mom-in-august-as-expected-202410150902