Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaEuro Zone will reveal the ZEW Economic Sentiment index at 12:00 MT (GMT+2) on Tuesday, November 9. The indicator shows the view of investors and analysts on the 6-month economic outlook for the Eurozone. The survey is historically focused on the German economy as Germany tends to lead the Eurozone economy, so pay close attention to the German Economic Sentiment which is released at the same time.
Last time, the EU ZEW Economic Sentiment came out worse than expected. As a result, EUR/USD dropped by 360 points after the release.
It’s easy! Compare the actual data with the forecast in the economic calendar.
Instruments to trade: EUR/USD, EUR/GBP, EUR/JPY, and other pairs with the EUR.
