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
Wall Street
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
More View more
Real Time News
  • Stocks appear to be in a corrective phase but could get put to the test; levels and lines to watch in the days ahead. Get your weekly equities forecast from @PaulRobinsonFX here:
  • Currency exchange rates are impacted by several factors. Are different world leaders a contributing factor? Find out here:
  • Further your forex knowledge and gain insights from our expert analysts on AUD with our free guide, available today:
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here:
  • Trading Forex is not a shortcut to instant wealth, excessive leverage can magnify losses, and sentiment is a powerful indicator. Learn about these principles in depth here:
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here:
  • The Japanese Yen is eyeing the upcoming Bank of Japan rate decision and CPI figures, but JPY crosses will likely remain dependent on broader market sentiment. Get your weekly $JPY forecast from @FxWestwater here:
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here:
  • Crude and Brent oil are on track to extend higher as Gulf Coast supply disruptions and a positive OPEC report bolster sentiment. Uranium is on a massive surge, aided by the famous Wall Street Bets group. Get your market update from @FxWestwater here:
  • RT @michaeljburry: Read thread.
Sentix Signaling Resilient Economic Expectations in The Euro-Zone

Sentix Signaling Resilient Economic Expectations in The Euro-Zone

Oded Shimoni, Junior Currency Analyst

Talking Points:

- Sentix Investor Confidence Index rose to +6.2 from the prior +5.7, above expectations

- Report says economic expectations remain unchanged in May

- Sentix say expectations for Japan and the US weakened

Showcase your trading skills against your peers in FXCM's $10,000 Monthly Challenge Here

Sentix Investor confidence Index gained +0.5 points in May to reach +6.2. The index rose above the April reading of +5.7, and was above economists’ expectations for a rise to +6.0. The survey showed that the “Expectations” value remained unchanged at +5.5 points. The “Current Situation” value rose by 1.0 points to +7.0, from the prior +6.0, which led to the overall rise in the index.

The Sentix Investor Confidence Index rates the six-month economic outlook for the Euro-Zone, surveyed from registered investors and analysts. A reading above zero indicates optimism, while a reading below zero indicates pessimism.

Looking into the report, Sentix said that while economic expectations for the Euro-Zone remain nearly unchanged, expectations for Japan and the US weakened. Despite that, the emerging markets continued to recover, but the improvement did not prevent the global headline index from falling by 0.9 points.

DailyFX Currency Strategist Christopher Vecchio recently said that implicitly, expectations for future rates in the Euro-Zone have become less dovish, which may be supporting the Euro.

Meanwhile, the DailyFX Speculative Sentiment Index (SSI) is showing a reading of about -1.62 at the time of writing, meaning that for every trader long the EUR/USD, there are 1.62 on the short side. The SSI is a contrarian indicator, implying EUR/USD strength.

You can find more info about the DailyFX SSI indicator here.

EUR/USD 5-Minute Chart: May 9, 2016

Sentix Signaling Resilient Economic Expectations in The Euro-Zone

--- Written by Oded Shimoni, DailyFX Research

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