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File: Indicator in focus: euro vs. US Dollar

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Confidence in the euro rises

Confidence in the euro rises strongly. This is shown by the increase in the sentix Strategic Bias for the EUR-USD currency pair, one outstanding result of the latest sentix Global Investor Survey. The index reaches its highest reading since November 2013. At the same time, more and more investors (now 39%) expect Greece to leave the euro. The consequent attitude of the European partners towards the new Greek government has thus served as a support for the common currency.

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