Big Event for EUR: ZEW Economic Sentiment

Big Event for EUR: ZEW Economic Sentiment

What will happen?

Euro Zone will reveal the ZEW Economic Sentiment index at 12:00 MT (GMT+2) on Tuesday, November 9. The indicator shows the view of investors and analysts on the 6-month economic outlook for the Eurozone. The survey is historically focused on the German economy as Germany tends to lead the Eurozone economy, so pay close attention to the German Economic Sentiment which is released at the same time.

Why is it important?

Last time, the EU ZEW Economic Sentiment came out worse than expected. As a result, EUR/USD dropped by 360 points after the release.


How to trade on ZEW Economic Sentiment?

It’s easy! Compare the actual data with the forecast in the economic calendar.

  • If the indicator is greater than the forecasts, the EUR will rise.
  • Alternatively, the EUR will drop.

Check the economic calendar

Instruments to trade: EUR/USD, EUR/GBP, EUR/JPY, and other pairs with the EUR.



What to Trade on August 22–26?
What to Trade on August 22–26?

How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3­­ Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…

Latest news

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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