|

Eurozone Q3 Negotiated Wage Rate rises moderately by 1.8%

In the Euro area, Negotiated Wage Rate in the third quarter rises at a moderate pace of 1.8% on an annualized basis, compared to the estimate of 2.4% and from 3.95% growth seen in the second quarter.

Market reaction

EUR/USD surrenders its early gains and turns negative following the Euro Q2 Negotiated Wage Rate data release. The major currency pair is down almost 0.1% to near 1.1515 at the time of writing.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Japanese Yen.

USDEURGBPJPYCADAUDNZDCHF
USD0.08%0.12%-0.58%-0.02%0.24%0.02%-0.02%
EUR-0.08%0.03%-0.67%-0.09%0.16%-0.06%-0.10%
GBP-0.12%-0.03%-0.74%-0.13%0.13%-0.09%-0.13%
JPY0.58%0.67%0.74%0.60%0.85%0.61%0.59%
CAD0.02%0.09%0.13%-0.60%0.25%0.02%-0.01%
AUD-0.24%-0.16%-0.13%-0.85%-0.25%-0.22%-0.26%
NZD-0.02%0.06%0.09%-0.61%-0.02%0.22%-0.04%
CHF0.02%0.10%0.13%-0.59%0.00%0.26%0.04%

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

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.

More from Sagar Dua
Share:

Editor's Picks

EUR/USD clings to gains around 1.1800

EUR/USD manages to regain composure and retests the 1.1800 region in quite a positive start to the week. The pair’s bounce follows the US Dollar’s offered stance post-SCOTUS ruling ahead of important US data and Fedspeak on Tuesday.

GBP/USD looks stuck around 1.3500 amid firm gains

GBP/USD is pushing further north on Monday, revisiting the 1.3500 hurdle and beyond. Cable’s uptick is largely being fuelled by the broader softness in the Greenback, amid lingering uncertainty around tariffs.

Gold pops above $5,200, four-week highs

Gold is holding onto its bullish tone on Monday, reaching new multi-week highs just past the $5,200 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.

Ethereum Price Forecast: BitMine's holdings reach 4.42 million ETH as Fundstrat predicts 87% win-ratio

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) scooped up 51,162 ETH last week, marking its largest purchase since December.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

XRP recovers slightly as bearish sentiment dominates crypto market

Ripple is rising above $1.40 at the time of writing on Monday amid fresh tariff-triggered headwinds in the broader cryptocurrency market. The sell-off to $1.33, the token’s intraday low, can be attributed to macroeconomic uncertainty, geopolitical tensions and risk-averse sentiment among other factors.