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Eurozone Sentix Investor Confidence Index drops to -8.1 in May vs. -19.5 previous

  • Eurozone investors’ morale worsened in May.
  • EUR/USD stays well bid above 1.1300 after the Eurozone data.

The Eurozone Sentix Investor Confidence Index declined to -8.1 in May following April’s -19.5, the latest survey showed on Monday.

USD/CAD Price Forecast: Holds position above 1.3800, barrier appears near nine-day EMA

The USD/CAD pair is remaining steady after registering gains in the previous session, trading around 1.3810 during the European hours on Monday.
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ECB’s Panetta: Protectionism threatens to weaken prosperity

European Central Bank (ECB) executive board member Fabio Panetta said on Monday that “protectionism threatens to weaken prosperity.”
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