We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
More View more
Real Time News
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Silver: 0.22% Oil - US Crude: -0.12% Gold: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/7UGWflcF7Y
  • - #NZDCHF outlook bearish as the pair struggles to surmount key resistance range - #NZDCAD trading at 13-month highs, but are technical cues hinting at a pullback? - #AUDNZD is again retreating from five-year resistance – how much will it decline? https://www.dailyfx.com/forex/market_alert/2020/07/08/New-Zealand-Dollar-Analysis-NZDCHF-NZDCAD-AUDNZD.html
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.08% 🇪🇺EUR: 0.00% 🇨🇦CAD: 0.00% 🇨🇭CHF: -0.04% 🇦🇺AUD: -0.10% 🇯🇵JPY: -0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/lTYr3UzRhP
  • RT @DanielGMoss: A ‘second wave’ of #COVID19 cases threatens to hamper #Australia's tentative recovery Uncertainty around the future of fi…
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.26%, while traders in NZD/USD are at opposite extremes with 72.66%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ksJ0N2pq6W
  • A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model. Get your market update from @ZabelinDimitri here:https://t.co/n6zwlZJmGO https://t.co/F8sLZvRG1q
  • If you missed today's session on IG Client Sentiment where I discussed the outlook for the #DowJones, $AUDUSD and $USDCAD while discussing fundamentals and technicals, check out the recording below and stay tuned for a full report! - https://t.co/2wVxhtItzX
  • Wall Street Futures Update: Dow Jones (+0.213%) S&P 500 (+0.175%) Nasdaq Composite (+0.242%) [delayed] -BBG
  • RT @margaretyjy: Watch my Bloomberg TV interview at 9:00AM Singapore time. Coming in soon! https://t.co/Z6u6offept
  • The Core-Perimeter trading model helps traders understand interactions between global economies, helping to trade the assets embedded in these relationships. Get your market update from @ZabelinDimitri here:https://t.co/dKRAo00lfA https://t.co/jw5uvZBvRx
Euro Rises Temporarily on Improved German Investor Confidence

Euro Rises Temporarily on Improved German Investor Confidence

2013-02-19 10:32:00
Benjamin Spier, Technical Strategist

THE TAKEAWAY: German ZEW expectations survey rises to 48.2 in February -> Expectations survey at a near 3-year high -> Euro temporarily traded higher

German expectations for economic growth is at a near 3-year high in February according to the ZEW survey, showing positive sentiments for the third straight month. The ZEW survey for economic sentiment was reported at 48.2, better than the expected 35.0 survey result, and up from 31.5 in January. However, the ZEW survey for the current situation declined to 5.2, worse than the expected 9.0 and lower than last month’s 7.1 survey result.

The ZEW survey for expected growth for the entire Euro-zone also set a near 3-year high at 42.4, up from 31.2 in February.

Although German GDP declined 0.6% in Q4, the Bundesbank predicted yesterday that the Euro-zone’s biggest economy will return to growth in the current quarter. The central bank further said that it expects a gradual recovery for the rest of the year, and the ZEW survey seems to show that German investor sentiment is in line with the Bundesbank’s prediction. Signs of German economic growth are Euro positive.

The Euro rose about twenty points against the US Dollar following the release, but soon erased those gains and fell back towards 1.3350 in Forex trading. EUR/USD has traded within a sixty point rage since last Friday. The pair may now find resistance by a broken resistance line around 1.3374, and support may continue to be provided around 1.3284.

EURUSD Daily: February 19, 2013

Euro_Rises_Temporarily_on_Higher_German_Investor_Confidence_body_eurusd_daily_chart.png, Euro Rises Temporarily on Improved German Investor Confidence

Chart created by Benjamin Spier using Marketscope 2.0

-- Written by Benjamin Spier, DailyFX Research. Feedback can be sent to instructor@dailyfx.com .

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.


News & Analysis at your fingertips.