German ZEW Economic Sentiment Index leaps to 47.5 in June vs. 35 expected
- Germany’s ZEW Economic Sentiment Index advances further to 47.5 in June.
- EUR/USD consolidates above 1.1550 after German and Eurozone ZEW surveys.
The headline German ZEW Economic Sentiment Index jumped to 47.5 in June from 25.2 in May, beating the market forecast of 35 by a wide margin.
The Current Situation Index improved to -72 in the same period, as against the May reading of -82. Data beat the estimated -74 print.
The Eurozone ZEW Economic Sentiment Index arrived at 35.3 in June from 11.6 in May. The market expectations was 23.5.
Key points
Confidence is picking up. In June 2025, the zew indicator sees another tangible improvement.
Recent growth in investment and consumer demand have been contributing factors.
Fiscal policy measures announced by the new German government can provide a boost to the economy.
Combined with the recent interest rate cuts by the ECB, this could bring economic stagnation in germany to an end.
Market reaction
The EUR/USD pair keeps its range after the upbeat German and Eurozone ZEW surveys. The pair is trading modestly flat on the day at around 1.1560, as of writing.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against 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 heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
