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Eurozone Sentix Investor Confidence Jumps to 21.0 in May

Adel 10 May, 2021 3:30 pm Market Update

The latest data published by the Sentix research on Monday, showed that investor sentiment in the eurozone improved much more than expected in May.

The gauge came in at 21.0 in May from -13.1 in April vs. a reading of 14.0 expected. 

In the Eurozone, expectations rose to +36.8 points, all-time high.

The common currency got a fresh boost from optimistic euro-zone data, as the EUR/USD pair looks to extend the rebound above 1.2150.

Accordingly, the pair fell to its daily low at 1.2136, as the US dollar temporarily halted selling operations.

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