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Euro Area ZEW Economic Sentiment Index
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 |
|
|
1.0986 -362 pips |
1.1308 +40 pips |
1.13476 | |
| EURAUD |
|
|
1.7016 -504 pips |
1.7751 -231 pips |
1.75201 | |
| EURJPY |
|
|
155.1131 -683 pips |
163.5887 -165 pips |
161.943 | |
| EURCAD |
|
|
1.5265 -347 pips |
1.5639 -27 pips |
1.56117 | |
| EURCHF |
|
|
0.9370 +44 pips |
0.9535 -209 pips |
0.93265 | |
| EURCZK |
|
|
0 -248442 pips |
24.9760 -1318 pips |
24.84422 | |
| EURGBP |
|
|
0.8384 -17 pips |
0.8472 -71 pips |
0.84015 | |
| EURHUF |
|
|
396.4791 -679 pips |
405.3240 -205 pips |
403.27 | |
| EURNOK |
|
|
9.7910 -16803 pips |
11.5285 -572 pips |
11.4713 | |
| EURNZD |
|
|
1.8510 -481 pips |
1.9128 -137 pips |
1.89913 |
News (EUR)
Germany Logs Stronger Growth On Tariff Threats
The German economy grew at a stronger-than-estimated pace in the first quarter as higher tariff threats by the U.S. administration led to the frontloading of orders for the country's goods, lifting exports and industrial production. Gross domestic product grew 0.4 percent, which was double the initial estimate of 0.2 percent, a detailed report from Destatis revealed on Friday.
RTTNews | 2h 10min ago
Eurozone Private Sector Shrinks For First Time In 5 Months
The euro area private sector logged a renewed fall in May due to a sharp downturn in services activity, flash purchasing managers' survey compiled by S&P Global showed on Thursday. The flash composite output index fell to 49.5 in May from 50.4 in April. The score fell below the 50.0 no-change mark for the first time in five months.
RTTNews | 1 day ago
German Ifo Business Sentiment Strengthens; Composite PMI Falls
German business confidence strengthened in May as companies became less concerned about uncertainties regarding trade tariffs, a closely watched survey showed Thursday. The Purchasing Managers' survey compiled by S&P Global today showed that the German private sector activity contracted the most in five months in May due to a deepening downturn in the service sector.
RTTNews | 1 day ago
