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EMU: Consumer Confidence rises to -22.3 in April

FXstreet.com (Barcelona) - Eurozone Consumer Confidence edged up to -22.3 in April, from -23.5 in March, the European Commission reported on Wednesday. This result is in line with market consensus.

Eurozone Business Climate fell to -0.93 in April, from -0.75 in March, below expectations of a decrease to -0.89.

The Economic Sentiment Indicator slid to 88.6 from 90.0 and below forecasts of declining to 89.3.

Industrial Confidence decline accelerated from -12.3 to -13.8, below expectations of -13.5. Services Sentiment dropped to -11.1 from -7.0 and below market consensus of -7.0.

Forex: EUR/USD little changed after EMU data

The shared currency kept the 1.3090/1.3100 region on Monday, after the softer-than-expected data from the euro area. In fact, the Business Climate for the month of April fell to -0.93 from -0.75 previous...
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