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.



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
Oil - US Crude
Wall Street
More View more
Real Time News
  • Think #amzn will gap higher on Monday after Black Friday and the giant move to online shopping?
  • The exponential moving average (EMA) is a derivative of the simple moving average (SMA) indicator. Compared to the SMA, the EMA weighs recent price changes more heavily than later changes in price. Learn how to incorporate the EMA into your strategy here:
  • Traders in the Euro have a big decision to make this weekend: if EUR/USD hits 1.20, will it continue to advance, consolidate or fall back? Get your $EURUSD market update from @MartinSEssex here:
  • The bullish engulfing candle is one of the forex market's most clear-cut price action signals for reversals and continuation. Learn more about this price action trading signal here:
  • The bull flag pattern is a great pattern to add to a forex trader's technical arsenal. Explosive moves are often associated with the bull flag. Learn more about the bull flag pattern here:
  • Defensive stocks have proven critically important when navigating stock market volatility. Find out what are the most defensive stocks here:
  • Dollar Index has broken major uptrend support and risks accelerated losses into the December open. Get your $USD technical analysis from @MBForex here:
  • The MACD is an indicator that uses exponential moving averages (EMA) to determine trend strength along with entry points based on crossovers. Find out how you can use the MACD as a buy/sell signal here:
  • Support and resistance are the cornerstone of technical analysis, making it the foundation that you build your knowledge on. Build a stronger foundation here:
  • Struggling to define key levels? Floor-Trader Pivots assist traders in identifying areas in a chart where price is likely to approach and can be used to set appropriate targets, while effectively managing risk. Learn how to use this indicator here:
Euro Little Changed After ZEW Survey Dropped In November

Euro Little Changed After ZEW Survey Dropped In November

2015-11-17 11:26:00
Oded Shimoni, Junior Currency Analyst

Talking Points:

  • The Euro was little changed versus the US Dollar
  • Euro-Zone ZEW Survey economic sentiment fell to 28.3
  • German ZEW Survey economic sentiment rises to 10.4, above expectations

The Euro was little changed versus the US Dollar after today’s Euro-Zone ZEW Survey showed financial experts throughout Europe think economic developments are less favorable in the Euro-Zone than the prior month. The Euro-Zone’s sentiment figure printed 28.3, below the prior 30.1. The German ZEW Survey Economic Sentiment index, rose to 10.4, above economist’s expectations of 6.0, and above the prior 1.9. As ZEW remarked, the indicator improved for the first time following seven consecutive declines. The German ZEW Current conditions Survey dropped slightly by 0.8 points to 54.4, below the expected and prior 55.2.

ZEW said that the outlook for the German economy is brightening due to high level of consumption in Germany, and the recent decline in the Euro, with the ongoing recovery in the United States likely to assist the recovery of the German economy.

The positive reading in Germany may have offset influence of the report on the Euro, and with more high impact event risk later the day, the Euro was little changed versus the US Dollar.

Euro Little Changed After ZEW Survey Dropped In November

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