ZEW Sentiment Will Help the Euro

ZEW Sentiment Will Help the Euro

What is happening?

Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2. This index represents the view of institutional investors and analysts on the current economic conditions. The ZEW survey is historically focused on the German economy, and Germany tends to lead the Eurozone economy, so the Eurozone outlook that is released on the same day tends to be overshadowed by the German data released at the same time.


The importance of the index for the economy

Usually, ZEW index gives more information about economic health as investors and analysts are highly informed about their jobs. Thus, their sentiment is nothing but important for understanding the market. There are no expectations from analysts about the next release. However, the latest reading suggested that hopes for much more substantial growth in the next six months are fading, as Europe's largest economy struggles with the latest developments in the COVID-19 pandemic as well as the persisting supply bottlenecks on production and retail trade.


December reading boosted the volatility in EUR/USD, moving it by 650 points in two hours. 

How to trade on ZEW economic sentiment?

Higher numbers mean that economy is recovering, and investors are optimistic, which usually moves the euro higher.

  • If the actual number is higher than expected – EUR will rise.
  • Otherwise – EUR may slide against GBP and USD.

Check the economic calendar

Instruments to trade: EUR/USD, EUR/JPY, EUR/GBP, EUR/CAD.


How to trade the JPY?
How to trade the JPY?

Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:

Is Inflation Defeated?
Is Inflation Defeated?

Now traders follow the economic events with new vision as inflation in the US seems like decreasing. Let’s see what releases will influence the market due to that factor.

Who Will Rule the US?
Who Will Rule the US?

The week will have the biggest event in the US political process over the last two years. How will the elections affect the Forex market? We covered the most important news of this week in this report.

Latest news

Market Crash Incoming?
Market Crash Incoming?

This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

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

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera