The data published by the European Commission showed on Tuesday that the Economic Sentiment Indicator (ESI) for the Euro area improved to 93.7 in November from 92.7 in October. This reading came in slightly better than the market expectation of 93.5. For the EU, the ESI rose by 1 point to 92.2.
Further details of the publication revealed that the Industrial Confidence for the euro area declined to -2 from -1.2 and the Services Confidence edged higher to 2.3 from 2.1.
The EUR/USD pair showed no immediate reaction to these figures and it was last seen rising 0.32% on the day at 1.0370.