Latest data released by INSEE - 26 January 2018

  • Prior 105
  • Business confidence 110 vs 112 expected
  • Prior 112
  • Manufacturing confidence 113 vs 112 expected
  • Prior 112

A slight dip in consumer and business confidence levels, but they are still relatively elevated. Not a big deal in the grand scheme of things.

EUR/USD up to session highs of 1.2481 on the back of further dollar selling. EUR/GBP is at 0.8753, rising a little bit in the last few minutes, while EUR/JPY looks set to break above 136.00 again - now at 135.99.