The amount of optimism that analysts have about the projected economic developments over the next 6 months in the Euro Area is evaluated by the ZEW Economic Sentiment Index. A total of 350 financial and economic professionals participate in the research. When calculating the index, the difference between the percentage share of economists who are optimistic about the development of the economy and the percentage share of economists who are pessimistic is taken into account. As a result, the ZEW index gauges confidence on a scale ranging from -100 (all analysts predict the economy to suffer) to 100 (all analysts believe the economy will strengthen). A 0 value indicates that the scenario is neutral.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.1291 -12 pips |
1.1489 -186 pips |
1.13031 | |
| EURAUD |
|
|
1.5724 -127 pips |
1.6049 -198 pips |
1.58506 | |
| EURJPY |
|
|
126.5202 -209 pips |
129.8458 -124 pips |
128.609 | |
| EURCAD |
|
|
1.4236 -16 pips |
1.4528 -276 pips |
1.42523 | |
| EURCHF |
|
|
1.0403 +89 pips |
1.0538 -224 pips |
1.03141 | |
| EURCZK |
|
|
24.4272 -725 pips |
0 +244997 pips |
24.49968 | |
| EURGBP |
|
|
0.8354 -26 pips |
0.8501 -121 pips |
0.83802 | |
| EURHUF |
|
|
346.0900 -1372 pips |
361.9078 -210 pips |
359.806 | |
| EURNOK |
|
|
9.0365 -11020 pips |
10.4326 -2941 pips |
10.13854 | |
| EURNZD |
|
|
1.6689 -203 pips |
1.6959 -67 pips |
1.68922 |
