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.

0

Notifications

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

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Bearish
Low
High
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
Mixed
Low
High
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
Gold
Bullish
Low
High
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
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Wide miss from Nonfarm (#NFPs) and no real redeeming features to this data relative to expectations. Then again, still a hearty net increase at 266K (+1.6 mln over the past four months and +13.58 mln over the past year). https://t.co/v2aMVSmSUk
  • $Gold still making a strong push. Next week the resistance side of the channel making up the bull flag becomes confluent with the 1859 fibo level $GC $GLD https://t.co/QNSaIRbXCS https://t.co/O1bo7FHhIi
  • 🇺🇸 Wholesale Inventories MoM (MAR) Actual: 1.3% Expected: 1.4% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2021-05-07
  • 🇨🇦 Ivey PMI s.a (APR) Actual: 60.6 Previous: 72.9 https://www.dailyfx.com/economic-calendar#2021-05-07
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 88.16%, while traders in Wall Street are at opposite extremes with 73.93%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/EiAO8cJJtm
  • even an encouraging sign for $Silver here broke above resistance yday. has pulled back to find some support at that zone 27-27.23 not the same bullish flare as $gold but, encouraging nonetheless https://t.co/94XYUYtyar https://t.co/Afw32QInwm
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Gold: 1.12% Silver: 0.57% Oil - US Crude: 0.51% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/cqFJXCaNDo
  • $Gold even the pullbacks have been clean, another fresh high post #NFP https://t.co/9lkpkPJrGi https://t.co/c0uUw8gK05
  • Heads Up:🇺🇸 Wholesale Inventories MoM (MAR) due at 14:00 GMT (15min) Expected: 1.4% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2021-05-07
  • Heads Up:🇨🇦 Ivey PMI s.a (APR) due at 14:00 GMT (15min) Previous: 72.9 https://www.dailyfx.com/economic-calendar#2021-05-07
Dismal ZEW Expectations Survey Sends EUR/USD to 1-Month Low

Dismal ZEW Expectations Survey Sends EUR/USD to 1-Month Low

David Maycotte,

Talking Points:

Germany’s ZEW Survey of investor confidence reported mixed as the forward-looking expectations gauge fell for the fifth consecutive month to 33.1 (40 consensus and 43.2 in April). Economic expectations for the Eurozone also lost ground as the indicator fell from 61.2 to 55.2 in May.

Currency

Release

Actual

Survey

Previous

EUR

Eurozone ZEW Survey (Economic Sentiment) (May)

55.2

61.2

EUR

German ZEW Survey (Current Situation) (May)

62.1

60.5

59.5

EUR

German ZEW Survey (Economic Situation) (May)

33.1

40.0

43.2

The survey weighed heavily on the euro sending EURUSD to a one month. Last week the Euro fell significantly against the US dollar as the ECB announced the possibility of intervention in June as the FX rate is uncomfortably high.

Dismal ZEW Expectations Survey Sends EUR/USD to 1-Month Low

EUR/USD 5 min Chart –May 13, 2014. Chart Creating Using FXCM Marketscope 2.0

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

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.

DISCLOSURES