Eurozone Consumer Confidence falls to -8.8 in February's flash estimate versus expected rise to -8.0


According to the flash estimate of the European Commission's Eurozone Consumer Confidence survey, the headline index fell to -8.8 in February versus forecasts for a slight rise to -8.0 from -8.5 the month prior (January). 

Market Reaction

The euro did not see any reaction to the slightly weaker than expected Eurozone Consumer Confidence data, with FX markets much more focused for now on geopolitical tensions between Russia, Ukraine and NATO as fighting in Ukraine's Eastern Donbas region enters a second day. 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

GBP/USD slides to its lowest level since November, eyes 1.2400 ahead of UK jobs data

GBP/USD slides to its lowest level since November, eyes 1.2400 ahead of UK jobs data

GBP/USD drifts lower for the third straight day on Tuesday and drops to its lowest level since November 17 during the Asian session. Spot prices trade around the 1.2420 region as traders now look to the UK monthly employment details for a fresh impetus.

GBP/USD News

EUR/USD falls toward 1.0600 on higher expectations of the Fed prolonging higher rates

EUR/USD falls toward 1.0600 on higher expectations of the Fed prolonging higher rates

EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday. The elevated US Dollar is exerting pressure on the pair, potentially influenced by the higher US Treasury yields.

EUR/USD News

Gold price holds steady below $2,400 mark, bullish potential seems intact

Gold price holds steady below $2,400 mark, bullish potential seems intact

Gold price oscillates in a narrow band on Tuesday and remains close to the all-time peak. The worsening Middle East crisis weighs on investors’ sentiment and benefits the metal. Reduced Fed rate cut bets lift the USD to a fresh YTD top and cap gains for the XAU/USD.

Gold News

SOL primed for a breakout as it completes a rounding bottom pattern

SOL primed for a breakout as it completes a rounding bottom pattern

Solana price has conformed to the broader market crash, following in the steps of Bitcoin price that remains in the red below the $65,000 threshold. For SOL, however, the sensational altcoin could have a big move in store.

Read more

The week ahead: Key economic and earnings releases to watch

The week ahead: Key economic and earnings releases to watch

The market’s focus may be on geopolitical issues at the start of this week, but there is a large amount of economic data and more earnings releases to digest in the coming days. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures