Eurozone Industrial Production rises unexpectedly by 0.8% MoM in October vs. 0.1% estimates
The Eurozone industrial sector activity unexpectedly expanded in October at a robust pace of 0.8% against 0.2% in September, according to the latest data published by Eurostat on Wednesday. Economists expected the data to rise moderately by 0.1%.
Industrial output in the old continent rose 2% year-on-year in October, up from the prior release of 1.2%.
Market reaction
The initial reaction of the Eurozone Industrial Production data seems slightly positive on the Euro (EUR). EUR/USD ticks up to near 1.1745 as of writing.
Euro Price Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.03% | -0.14% | -0.56% | -0.01% | 0.03% | 0.27% | -0.04% | |
| EUR | 0.03% | -0.10% | -0.55% | 0.02% | 0.09% | 0.32% | -0.00% | |
| GBP | 0.14% | 0.10% | -0.41% | 0.10% | 0.16% | 0.41% | 0.10% | |
| JPY | 0.56% | 0.55% | 0.41% | 0.55% | 0.59% | 0.83% | 0.53% | |
| CAD | 0.01% | -0.02% | -0.10% | -0.55% | 0.05% | 0.26% | -0.02% | |
| AUD | -0.03% | -0.09% | -0.16% | -0.59% | -0.05% | 0.24% | -0.09% | |
| NZD | -0.27% | -0.32% | -0.41% | -0.83% | -0.26% | -0.24% | -0.31% | |
| CHF | 0.04% | 0.00% | -0.10% | -0.53% | 0.02% | 0.09% | 0.31% |
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).
Author
Sagar Dua
FXStreet
Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.
