News & Analysis at your fingertips.

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. See our updated Privacy Policy here.



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
Please try again
More View more
Euro Slammed After Worse-than-Expected ZEW Expectations Survey

Euro Slammed After Worse-than-Expected ZEW Expectations Survey

David Maycotte,

Talking Points:

  • German’s ZEW Expectation’s Survey 46.6 in Mar versus 55.7 in Feb
  • Report Reflects Waning Economic Expectations
  • Euro Resiliency Continues After Yesterday’s downgrade of Headline CPI

Get Real-Time Feedback on Your Trades with DailyFX on Demand!

German economic expectations worsened in March 2014 as the ZEW Indicator of Economic Sentiment fell for the fourth consecutive month to 46.6 (52 consensus and 55.7 in February). Economic expectations for the Eurozone also lost ground as the indicator fell from 68.5 to 61.5 in March.

The survey weighed heavily on the euro, but the dip was short-lived. According to DailyFX Strategist Ilya Spivak, this is not surprising after yesterday’s downgrade of headline CPI – a far more direct indicator for monetary policy – failed to yield a meaningful response.

EUR/USD 5min Chart - March 18, 2014

Euro-Slammed-After-Worse-than-Expected-ZEW-Expectations-Survey_body_Picture_1.png, Euro Slammed After Worse-than-Expected ZEW Expectations Survey

Chart Creating Using FXCM Marketscope 2.0

-- Written by David Maycotte, DailyFX Research Team. Questions, comments or concerns can be sent to

Want to trade with proprietary strategies developed by FXCM? Find out how with Mirror Trader.

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