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EUR/USD unfazed even as German April ZEW Economic Sentiment surprises with 28.2

  • German ZEW Economic Sentiment arrived at 28.2 in Apr. vs. -42.3 expected.
  • Eurozone ZEW Economic Sentiment came in at 25.2 in Apr. vs. -49.5 last.
  • EUR/USD keeps losses around 1.0840, ignores mixed numbers.

 

The German ZEW headline numbers for April showed that the Economic Sentiment Index came in at 28.2 versus -42.3 expectations and -49.5 last.

While the sub-index Current Conditions figure arrived at -91.5 in April versus -77.5 expected and -43.1 booked previously.

Meanwhile, the Eurozone ZEW economic sentiment for April stood at 25.2- vs. -49.5 last.

EUR/USD reaction

The shared currency is little changed on the mixed German and Eurozone ZEW numbers, with EUR/USD now wavering around 1.0840, down 0.18% so far.

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