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).

 

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

AUD/USD keeps the bullish outlook above 0.6600

AUD/USD keeps the bullish outlook above 0.6600

A negative session in the Greenback allowed AUD/USD to leave behind two consecutive sessions of losses and reclaim the area beyond the key barrier at 0.6600 the figure on Thursday.

AUD/USD News

EUR/USD: Next target emerges at 1.0800

EUR/USD: Next target emerges at 1.0800

In line with the broad improvement in the risk appetite, EUR/USD reversed part of the recent weakness and advanced to the vicinity of the 1.0800 region in response to the renewed selling pressure hurting the Dollar.

EUR/USD News

Gold poised to resume its advance

Gold poised to resume its advance

XAU/USD now gathers fresh steam and advances to the highest level in many sessions north of the $2,330 mark per troy ounce on the back of further selling pressure hurting the Greenback as well as mixed US yields.

Gold News

Bitcoin price is down over 20% from its peak, but BTC macro uptrend remains very much intact

Bitcoin price is down over 20% from its peak, but BTC macro uptrend remains very much intact

Bitcoin (BTC) price peaked at $73,777 in March, marking a new all-time high recorded over a month before the fourth halving. The bold move north has however been followed by a cascade of load-shedding exercises, though not enough to invalidate the big-picture bullish outlook for BTC.

Read more

Bank of England update: A mixed bag

Bank of England update: A mixed bag

As widely expected, the Bank of England (BoE) held the Bank Rate on hold at 5.25% for a sixth consecutive meeting, its highest level since 2008. However, what was key today was the central bank signalled it could be getting closer to easing policy in the summer, possibly as early as June’s meeting or in August, which is fully priced in at the moment.

Read more

Forex MAJORS

Cryptocurrencies

Signatures