Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect EURUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 06 Jul 09:00 if the released value is > 75.2. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

16 Mar 10:00

16 Feb 10:00

19 Jan 10:00

15 Sep 09:00

11 Aug 09:00