Open Demo Account
Home / Market Update / Eurozone Sentix Investor Confidence Jumps to 21.0 in May

Eurozone Sentix Investor Confidence Jumps to 21.0 in May

A.F 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.

Tags

Check Also

Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action

The Japanese Yen came under renewed selling pressure at the start of the week, pushing …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends