Eurozone Sentix Investor Confidence slumps to -19.5 in April

Investor morale in the Euro area weakened significantly in April.
EUR/USD trades below 1.1000 in the European session after the data.

Eren Sengezer FXStreet

Investor sentiment in the Eurozone deteriorated in April, with the Sentix Investor Confidence Index dropping sharply to -19.5 from -2.9 in March.

"The survey of 1,127 investors from April 3-5 showed that economic expectations for the next six months were hit particularly hard by the tariff announcement, falling by 33.8 points to -15.8 in April," Reuters reported.

Market reaction

EUR/USD retreats from session highs following this disappointing data. At the time of press, EUR/USD was trading marginally higher on the day at 1.0975.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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