Latest data released by the Bank of France - 8 October 2018
- Prior 103
The Bank of France has also revised higher its Q3 growth estimate of the French economy to 0.5% from 0.4%. Industrial sentiment continues to show some improvement but the upwards revision towards the growth forecast is some good news at least - in a time when Germany is mostly revising its forecasts lower.
Nonetheless, a minor data point and it's not one that is going to impact the euro all too much. EUR/USD has been dragged lower on the day as dollar bids come in. The pair now trades at a low of 1.1502 with EUR/GBP trading at 0.8790. EUR/JPY also slips to a low of 130.89 on the day.
