ZEW German economic sentiment index for January 31.5

View Comments

Way stronger than Reuters’ median forecast of 12.0. Up huge from Decembers’ 6.9. Highest read since May 2010.

EUR/USD extends recovery, presently back at 1.3325.

ZEW says:

  • Economic perspectives for Germany have brightened up on 6 month horizon
  • Positive sentiment may soon result in companies investing
  • Economic situation of important German trade partners still considered to be weak
  • German economy expected to grow at moderate level this year
  • Some 80% of respondents expect no change in ECB policy rates in next 6 months



All|Economic Data|Europe|Regions

German Economy|zew

Gerry Davies


  1. So was this entire move manipulated ? Rumour goes out on German bank, the Buba resignation etc. but the real news is the huge bounce in ZEW (which someone knew) and voilĂ …. massive sell off, opportunity to buy Euro….

  2. Now you’re catching on. Presently we are just about back to ground zero where we started near 8:40 gmt.

  3. by the end of this month euro/usd may sit down at 1.350, look at the monthly chat it was bullish sin August 2012.


© Copyright 2015 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.