Eurozone Sentix Investor Confidence Index improves to -18.9 in August vs. -23.4 expected Eurozone Sentiment EconomicIndicator EURUSD
EUR/USD remains pressured in its daily range below 1.1000. Sentix Investor Confidence improved to -18.9 in August from -22.5 in July. The market consensus was for a -23.4 reading.
Hussy further noted that"the economy in the Eurozone remains in recession mode. There can therefore be no joy about this development.”In line with Hussy’s comments, EUR/USD is uninspired by the improvement in the Eurozone investors’ confidence. As of writing, Information on these pages contains forward-looking statements that involve risks and uncertainties.
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