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).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
