Investors’ Outlook on Euro Improves

germany euro german news

The German ZEW Economic statement was released early Tuesday morning. No need to be intimidated by the name, it is simply the indication of what investors and analysts think about Germany.

The economic sentiment increased by 5.7 points to the 42.00 point-mark. The historical average of the index is 23.7 points and this month’s investor sentiment is the highest Germany has seen since March 2013.

Economic analysts expected that the index would raise 4 points up to 40.3, instead 42.0 was reached. In spite of great news, the EUR is losing against the dollar for the third day in a row after touching the 1.3400.

Recent improved expectations for the euro zone have likely contributed to the positive ZEW report.

Until next time, for news updates and more fundamental analysis, you can follow me on Twitter. Follow the Winner’s Edge account, Casey’s twitter account, Nathan’s twitter account, and Tim’s twitter account too for Forex analysis, and trade ideas!

For Nathan’s most recent Technical Analysis click here!

The following two tabs change content below.
Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

Latest posts by admin (see all)

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news