Latest data released by INSEE - 9 February 2018
- Prior m/m -0.5%; revised to -0.3%
- Industrial production y/y +4.5% vs +3.5% expected
- Prior y/y +2.5%
- Manufacturing production m/m +0.3% vs -0.5% expected
- Prior m/m -1.0%; revised to -0.8%
- Manufacturing production y/y +4.7% vs +3.4% expected
- Prior y/y +3.0%; revised to +3.1%
Solid numbers to end the year, and better revisions as well. Nothing too major but the euro is looking perky as European trading gets going again.
EUR/USD now at session highs of 1.2280, EUR/GBP is at 0.8781 as sterling continues to gain further on the day. EUR/CHF also at the highs at 1.1524.