ZEW survey »

  • H.S. Borji

    The euro softened against the US dollar on Tuesday, as the economic outlook on the Eurozone continued to deteriorate, according to the latest survey of euro area investor sentiment. The EURUSD fell below 1.27, erasing Monday’s strong performance that was triggered by bearish comments from Federal Reserve officials over the weekend. The pair declined 0.6

  • David Becker

    EUR/USD dropped to 1.3804 post the ECB meeting on Thursday in early US trading, which is an eight-day low. Thursday outside reversal day, where the Euro made a higher high and then a lower low could mark the end of the upswing for the currency pair. The dovish remarks by Draghi Thursday, along with an

  • Confidence in the euro area’s largest economy soared to a four-year high, according to the monthly ZEW survey. The Indicator of Economic Sentiment, which measures institutional investor sentiment in the German economy, rose nearly 2 percentage points to 54.6 in November, compared to expectations for 54.0. The indicator predicts economic activity six months in advance.