European Sentix Investor Confidence Falls

The highly regarded Sentix Investor Confidence fell deeper into negative territory, hitting -24 points. This is a survey of around 2800 investors

A small slide from -21.2 to -21.4 points was expected. This reflects pessimism for the fourth consecutive month.

. Earlier in Europe, the final version of services PMI for November slid from 47.8 to 47.5 points, also in contraction territory.

EUR/USD remains stable in the 1.3420 – 1.3480 range. Results of the Merokzy meetings are awaited. For more on the common currency, see the euro to dollar forecast.

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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