- Germany’s ZEW Financial Sentiment Index advances additional to 47.5 in June.
- EUR/USD consolidates above 1.1550 after German and Eurozone ZEW surveys.
The headline German ZEW Financial Sentiment Index jumped to 47.5 in June from 25.2 in Might, beating the market forecast of 35 by a large margin.
The Present State of affairs Index improved to -72 in the identical interval, as in opposition to the Might studying of -82. Knowledge beat the estimated -74 print.
The Eurozone ZEW Financial Sentiment Index arrived at 35.3 in June from 11.6 in Might. The market expectations was 23.5.
Key factors
Confidence is selecting up. In June 2025, the zew indicator sees one other tangible enchancment.
Current progress in funding and client demand have been contributing elements.
Fiscal coverage measures introduced by the brand new German authorities can present a lift to the economic system.
Mixed with the current rate of interest cuts by the ECB, this might convey financial stagnation in germany to an finish.
Market response
The EUR/USD pair retains its vary after the upbeat German and Eurozone ZEW surveys. The pair is buying and selling modestly flat on the day at round 1.1560, as of writing.
Euro PRICE As we speak
The desk under reveals the share change of Euro (EUR) in opposition to listed main currencies at the moment. Euro was the strongest in opposition to the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.05% | 0.16% | 0.10% | -0.02% | -0.25% | -0.29% | -0.12% | |
| EUR | -0.05% | 0.10% | 0.08% | -0.09% | -0.27% | -0.26% | -0.18% | |
| GBP | -0.16% | -0.10% | -0.08% | -0.18% | -0.36% | -0.40% | -0.28% | |
| JPY | -0.10% | -0.08% | 0.08% | -0.13% | -0.35% | -0.38% | -0.24% | |
| CAD | 0.02% | 0.09% | 0.18% | 0.13% | -0.29% | -0.19% | -0.10% | |
| AUD | 0.25% | 0.27% | 0.36% | 0.35% | 0.29% | -0.00% | 0.08% | |
| NZD | 0.29% | 0.26% | 0.40% | 0.38% | 0.19% | 0.00% | 0.09% | |
| CHF | 0.12% | 0.18% | 0.28% | 0.24% | 0.10% | -0.08% | -0.09% |
The warmth map reveals proportion modifications of main currencies in opposition to one another. The bottom foreign money is picked from the left column, whereas the quote foreign money is picked from the highest row. For instance, when you decide the Euro from the left column and transfer alongside the horizontal line to the US Greenback, the share change displayed within the field will symbolize EUR (base)/USD (quote).
