Eurozone Sentix Investor Confidence turns negative to 3.1 in March

Sagar Dua FXStreet

Eurozone Sentix Investor Confidence Index arrives at -3.1 in March from 4.2 in February.

The report shows that the sudden weakness in investors' morale is linked to the escalation of the Iran war, which is weighing on global energy markets. Attacks on energy infrastructure and disruptions to shipping in the Persian Gulf are weighing on sentiment. The sharp rise in oil prices and the associated economic uncertainty are having negative consequences from the investors' perspective.

Market reaction

There seems to be no immediate impact of the sentiment data on the Euro (EUR). As of writing, EUR/USD trades 0.5% lower to near 1.1550 amid weak market sentiment.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the British Pound.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		0.39%	0.35%	0.32%	-0.22%	0.08%	-0.17%	0.28%
EUR	-0.39%		-0.03%	-0.07%	-0.61%	-0.30%	-0.53%	-0.11%
GBP	-0.35%	0.03%		-0.04%	-0.58%	-0.27%	-0.53%	-0.08%
JPY	-0.32%	0.07%	0.04%		-0.52%	-0.21%	-0.47%	-0.02%
CAD	0.22%	0.61%	0.58%	0.52%		0.31%	0.05%	0.51%
AUD	-0.08%	0.30%	0.27%	0.21%	-0.31%		-0.26%	0.19%
NZD	0.17%	0.53%	0.53%	0.47%	-0.05%	0.26%		0.45%
CHF	-0.28%	0.11%	0.08%	0.02%	-0.51%	-0.19%	-0.45%

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

Sagar Dua

FXStreet

Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.

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