Economic sentiment in Germany is measured by the ZEW Economic Sentiment Index, which measures how optimistic economists are about the economy's prospects for the next six months in Germany. A total of 350 financial and economic professionals are expected to participate in the study. The index is calculated as the difference between the percentage share of analysts who are optimistic about the growth of the economy and the percentage share of analysts who are pessimistic about the growth of the economy, respectively. As a result, the ZEW index gauges confidence on a scale ranging from -100 (all analysts anticipate the economy to decline) to 100 (all analysts expect the economy to improve). A 0 value implies that the situation 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 |
|
|
1.1294 -28 pips |
1.1494 -172 pips |
1.13218 | |
| EURAUD |
|
|
1.5716 -154 pips |
1.6045 -175 pips |
1.58703 | |
| EURJPY |
|
|
126.5042 -224 pips |
129.8584 -112 pips |
128.742 | |
| EURCAD |
|
|
1.4235 -36 pips |
1.4524 -253 pips |
1.42714 | |
| EURCHF |
|
|
1.0402 +78 pips |
1.0542 -218 pips |
1.03235 | |
| EURCZK |
|
|
24.3746 -951 pips |
0 +244697 pips |
24.4697 | |
| EURGBP |
|
|
0.8352 -36 pips |
0.8498 -110 pips |
0.83876 | |
| EURHUF |
|
|
346.0900 -1337 pips |
361.9078 -244 pips |
359.465 | |
| EURNOK |
|
|
9.0365 -11127 pips |
10.4326 -2834 pips |
10.14919 | |
| EURNZD |
|
|
1.6684 -235 pips |
1.6959 -40 pips |
1.69191 |
