Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Economic Sentiment Indicator is 97. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Economic Sentiment Indicator was 96.3 against a forecast of 96.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Economic Sentiment Indicator result:
Country: | Eurozone |
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Currency: | EUR |
Source: | European Commission |
Category: | Economic Activity |
Frequency: | Monthly |