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.

Details
Impact: Medium
Country:
Currency: EUR
Latest Release
Previous: 11.6
Consensus: 23.5
Actual: 35.3
Next Release
Date: Jul 15, 09:00
Time left: 6 days
Consensus: 30

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
1.1230
-478 pips
1.1623
+85 pips
1.17080
Symbol Action Percentage Volume Positions
EURUSD Short 68% 10983.30 lots 36988
Long 32% 5219.47 lots 22095
29% of traders are currently trading EURUSD.
EURAUD
1.7254
-714 pips
1.7976
-8 pips
1.79680
Symbol Action Percentage Volume Positions
EURAUD Short 84% 1439.90 lots 4912
Long 16% 279.57 lots 1317
4% of traders are currently trading EURAUD.
EURJPY
166.5261
-566 pips
169.7002
+249 pips
172.189
Symbol Action Percentage Volume Positions
EURJPY Short 93% 2133.71 lots 7111
Long 7% 160.04 lots 915
5% of traders are currently trading EURJPY.
EURCAD
1.5657
-365 pips
1.5988
+34 pips
1.60218
Symbol Action Percentage Volume Positions
EURCAD Short 84% 670.20 lots 4567
Long 16% 130.07 lots 1091
4% of traders are currently trading EURCAD.
EURCHF
0.9357
+24 pips
0.9472
-139 pips
0.93332
Symbol Action Percentage Volume Positions
EURCHF Short 24% 221.88 lots 1431
Long 76% 707.37 lots 4886
5% of traders are currently trading EURCHF.
EURCZK
24.6901
+536 pips
0
+246365 pips
24.63653
Symbol Action Percentage Volume Positions
EURCZK Short 100% 0.33 lots 1
Long 0% 0.00 lots 0
0% of traders are currently trading EURCZK.
EURGBP
0.8542
-85 pips
0.8615
+12 pips
0.86266
Symbol Action Percentage Volume Positions
EURGBP Short 90% 3409.27 lots 15221
Long 10% 385.14 lots 2381
10% of traders are currently trading EURGBP.
EURHUF
397.8895
-218 pips
405.3240
-525 pips
400.07
Symbol Action Percentage Volume Positions
EURHUF Short 51% 8.79 lots 44
Long 49% 8.49 lots 43
0% of traders are currently trading EURHUF.
EURNOK
11.4976
-3390 pips
11.8378
-12 pips
11.8366
Symbol Action Percentage Volume Positions
EURNOK Short 75% 0.68 lots 14
Long 25% 0.23 lots 4
0% of traders are currently trading EURNOK.
EURNZD
1.8904
-667 pips
1.9476
+95 pips
1.95711
Symbol Action Percentage Volume Positions
EURNZD Short 88% 497.38 lots 2896
Long 12% 65.44 lots 427
3% of traders are currently trading EURNZD.