Eurozone Sentix Investor Confidence Index drops to -9.2 in September from -3.7
Source Fxstreet
- Sentix Investor Confidence in the Eurozone fell to -9.2 in September.
- EUR/USD continues to fluctuate in a tight daily range above 1.1700.
Investors sentiment in the Eurozone deteriorated in September, with the Eurozone Sentix Investor Confidence Index dropping to -9.2 from -3.7 in August.
The details of the report showed that the Current Situation Index fell to -18.8 from -13, while the Expectations Index declined to 0.8 from 6.0.
Assessing the survey's findings, "there is not much sign of an autumn revival and the pressure on export-oriented industry is likely to increase further as a result of the tariff deal with the United States," Sentix said.
Market reaction
EUR/USD showed no immediate reaction to this report and was last seen trading marginally higher on the day at 1.1730.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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