Eurozone Sentix Investor Confidence Index Falls to -15.4 in September from -13.9 previously

• Euro zone investor sentiment continues to deteriorate in September.
• EUR/USD holds lower ground near 1.1050 after bearish Eurozone data.

The Sentix investor confidence index in the euro zone fell from -13.9 in August to -15.4 in September, the latest survey showed on Monday.

The euro area expectations index recovered from -8.8 to -8.0 from August in September.

The Current Situation indicator for the region, however, fell to -22.5 in the same period from -19.0 in August.

Sentix said the “political and economic chaos in Germany is a heavy burden for the entire eurozone.”

“The only hope for investors in this context is the prospect of a supportive monetary policy,” he added.

Market reaction to Eurozone Sentix data

EUR/USD flirts with intraday lows after discouraging Eurozone data. At the time of writing, EUR/USD is down 0.31% on the day, trading near 1.1050.