EUR/USD sentiment improves
Retail sales in the Eurozone grew by 3% in annualised terms against analyst expectations of a 3.1% increase.
Retail sales in the Eurozone grew by 3% in annualised terms against analyst expectations of a 3.1% increase. In addition to that, the Sentix investor sentiment indicator for the Eurozone in April saw an increase for the sixth month in a row. This indicator hints at improved sentiment among investors about the Eurozone's economy, which pushes the EUR/USD currency pair up.
Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.
Why trade with Libertex?
- Get access to a free demo account free of charge.
- Enjoy technical support from an operator 5 days a week, from 9 a.m. to 9 p.m. (Central European Standard Time).
- Use a multiplier of up to 1:30 (for retail clients).
- Operate on a platform for any device: Libertex and MetaTrader.