News

Eurozone Sentix Investor Confidence Index improves to -12.9 in February vs. -15.8 previous

  • Eurozone investors’ morale improved for the fifth straight month in February.
  • EUR/USD stays pressured below 1.0800 after the Eurozone data.

The Eurozone Sentix Investor Confidence Index improved further from -15.8 in January to -12.9 in February, the latest survey showed on Monday.

The Expectations Index in the Eurozone rose from -8.8 in the previous month to -5.5 in February.

The index on the Current Situation also climbed to -20.0 in February from -22.5 in January, the fourth monthly increase in a row.

Key takeaways

Germany, the region's largest economy, remains a drag on the region, Sentix said, pointing to a persistent economic crisis in the country.

The recovery process is proceeding slowly.

The situation in Germany was precarious.

Market reaction to the Eurozone Sentix data

EUR/USD is testing lows near 1.0760 despite the encouraging Eurozone data. As of writing, the EUR/USD pair is 0.22% lower on the day.

Euro price today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the New Zealand Dollar.

  USD EUR GBP CAD AUD JPY NZD CHF
USD   0.17% 0.13% 0.12% 0.07% -0.02% -0.04% 0.26%
EUR -0.16%   -0.05% -0.05% -0.11% -0.20% -0.21% 0.08%
GBP -0.13% 0.04%   -0.01% -0.06% -0.16% -0.17% 0.13%
CAD -0.12% 0.05% 0.01%   -0.05% -0.15% -0.16% 0.14%
AUD -0.06% 0.11% 0.07% 0.06%   -0.10% -0.10% 0.19%
JPY 0.03% 0.18% 0.15% 0.17% 0.11%   -0.02% 0.30%
NZD 0.04% 0.21% 0.18% 0.16% 0.12% -0.01%   0.31%
CHF -0.26% -0.09% -0.14% -0.14% -0.20% -0.29% -0.31%  

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 Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

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