Eurozone Sentix Investor Confidence Index leaps to 0.2 in June vs. -8.1 previous
- Eurozone investors’ morale bolstered in June.
- EUR/USD stays offered at around 1.1400 after the Eurozone data.
The Eurozone Sentix Investor Confidence Index jumped sharply to 0.2 in June following May’s -8.1, the latest survey showed on Tuesday.
The index hit its highest level in a year.
The Expectations gauge for the bloc climbed to 14.3 in June.
Sentix said: “In recent years, the stagnation of the German economy has repeatedly acted as a brake on the European economy.”
"Now the Sentix economic indices in the eurozone are benefiting from the catch-up movement that Germany is sending out," it added.
"The June data ... indicates an upturn in the European economic region," Sentix wrote.
Market reaction to the Eurozone Sentix data
EUR/USD stays unimpressed by the Eurozone data. As of writing, EUR/USD is trading 0.18% lower on the day at 1.1402.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.16% | 0.40% | 0.06% | 0.07% | 0.09% | 0.10% | -0.03% | |
| EUR | -0.16% | 0.24% | -0.12% | -0.06% | -0.06% | -0.06% | -0.16% | |
| GBP | -0.40% | -0.24% | -0.43% | -0.31% | -0.30% | -0.30% | -0.40% | |
| JPY | -0.06% | 0.12% | 0.43% | 0.05% | 0.00% | -0.04% | -0.16% | |
| CAD | -0.07% | 0.06% | 0.31% | -0.05% | 0.00% | 0.00% | -0.10% | |
| AUD | -0.09% | 0.06% | 0.30% | -0.00% | -0.00% | 0.02% | -0.10% | |
| NZD | -0.10% | 0.06% | 0.30% | 0.04% | -0.01% | -0.02% | -0.10% | |
| CHF | 0.03% | 0.16% | 0.40% | 0.16% | 0.10% | 0.10% | 0.10% |
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 US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (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.
