The eurozone economic sentiment survey results released at 5.00 am ET showed that the headline index rose to 85.7 in November, more than market expectations of 84.5. Consumer confidence remained unchanged at minus 26.9.
The euro paused its recent rally against its major rivals after the report. As of 5:04 am ET, the common currency was trading at 106.65 against the yen, 1.2982 against the dollar, 0.8105 against the pound and 1.2043 against the Swiss franc.
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.