The Fundamental FOREX Blog

Tomorrow, Tuesday 04-20-10 at 5:00 AM ET, the EUR German ZEW Survey  Economic Sentiment and EUR – EURO-Zone ZEW Survey Economic Sentiment reports will be released.

The EUR reports are released by the Centre for European Economic Research (ZEW)

I did a “follow up” of last months report, click here for a review.

The EUR – German ZEW Survey Economic Sentiment appears to have the greatest impact on the market.

Here is what is going this month:

EUR German ZEW Economic Sentiment Stats:

previous = 44.5

forecast = 45.2

EUR ZEW Economic Sentiment Stats:

previous = 37.9

forecast = 38.9

Here is how I am set up for tomorrow:

EUR-3-00AM-04-20-10
Looking for a 10.0 difference
Actual > Forecast = Good for EUR
EUR German ZEW Economic Sentiment
——actual———-forecast———-previous
_________________45.2________44.5
Out at 35.2 or less SELL EUR/USD
Out at 55.2 or more BUY EUR/USD
EUR ZEW Economic Sentiment    38.9      37.9

It appears that the economists now believe the EUR German economy is in recovery.

I did post a “follow up” soon after this report is completed, click here to see what happened.

The next schedule release of this report is Tuesday, 05-18-10 at 5:00 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!