Industrial sector activity in the euro zone unexpectedly expanded in October at a strong pace of 0.8% versus 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 production on the Old Continent rose by 2% year-on-year in October, compared to the previous release of 1.2%.
Market reaction
The initial reaction to Eurozone industrial production data looks somewhat positive on the Euro. The EUR/USD pair has risen to approach 1.1745 as of writing.
Euro price today
The table below shows the percentage change of the Euro (EUR) against the major currencies listed today. The euro was the strongest against the New Zealand dollar.
| US dollars | euro | GBP | JPY | Canadian | Australian dollar | New Zealand dollar | Swiss franc | |
|---|---|---|---|---|---|---|---|---|
| US dollars | -0.03% | -0.14% | -0.56% | -0.01% | 0.03% | 0.27% | -0.04% | |
| euro | 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% | |
| Canadian | 0.01% | -0.02% | -0.10% | -0.55% | 0.05% | 0.26% | -0.02% | |
| Australian dollar | -0.03% | -0.09% | -0.16% | -0.59% | -0.05% | 0.24% | -0.09% | |
| New Zealand dollar | -0.27% | -0.32% | -0.41% | -0.83% | -0.26% | -0.24% | -0.31% | |
| Swiss franc | 0.04% | 0.00% | -0.10% | -0.53% | 0.02% | 0.09% | 0.31% |
The heat map shows the percentage changes in major currencies versus each other. The base currency is chosen from the left column, while the counter currency is chosen from the top row. For example, if you select EUR from the left column and move along the horizontal line to USD, the percentage change displayed in the box will represent EUR (base)/USD (quote).
