
5 Economic Reports That Affect the Euro Trading euro-based currency pairs require being up to speed on events that have an impact on the euro, which is no small feat for foreign exchange traders. At present, the euro is the currency adopted by 19 of the 27 member countries that make up the European Union. These are collectively called the eurozone. As of 2020, the collective GDP of the Eurozone is $18.2 trillion. There are several economic reports that come out of the eurozone annually relevant to the forex market. How does one identify the economic reports that would affect markets? The European Union is comprised of 27 members. However, only a few are large enough to generate economic reports that move the needle when it comes to currency. The euro...