Eurozone Sentix Investor Confidence Index tanks to -3.7 in August vs. 4.5 previous
- Eurozone investors’ morale deteriorated sharply in August.
- EUR/USD stays pressured near 1.1550 after the Eurozone data.
The Eurozone Sentix Investor Confidence Index tumbled to -3.7 in August following July’s 4.5, the latest survey showed on Monday.
The index turned negative for the first time in four months.
The Current Situation sub-index declined to -13.0 in August from -7.3 a month prior.
Meanwhile, the Expectations gauge fell hard to 6.0 in the same period.
Sentix said: “The tariff agreement is proving to be a real mood killer.”
"Sentiment in Germany, Europe's largest economy, was massively dampened by the deal, which will require the government in Berlin to have a rethink," it added.
Market reaction to the Eurozone Sentix data
EUR/USD holds lower ground after the dismal Eurozone data. As of writing, EUR/USD is trading 0.26% lower on the day at 1.1552.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.34% | 0.10% | 0.53% | 0.04% | 0.13% | 0.09% | 0.48% | |
| EUR | -0.34% | -0.19% | 0.21% | -0.27% | -0.34% | -0.25% | 0.13% | |
| GBP | -0.10% | 0.19% | 0.41% | -0.10% | -0.16% | -0.06% | 0.32% | |
| JPY | -0.53% | -0.21% | -0.41% | -0.49% | -0.55% | -0.45% | 0.11% | |
| CAD | -0.04% | 0.27% | 0.10% | 0.49% | -0.07% | 0.05% | 0.43% | |
| AUD | -0.13% | 0.34% | 0.16% | 0.55% | 0.07% | 0.10% | 0.47% | |
| NZD | -0.09% | 0.25% | 0.06% | 0.45% | -0.05% | -0.10% | 0.36% | |
| CHF | -0.48% | -0.13% | -0.32% | -0.11% | -0.43% | -0.47% | -0.36% |
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.
