Latest data released by INSEE - 27 August 2019
- Prior 105
- Manufacturing confidence 102 vs 101 expected
- Prior 101
Decent figures all around here with industrial confidence seen holding steady at 102 - similar to July. This continues to underscore that sentiment towards the French economy remains somewhat decent, a reflection of conditions that isn't as bad as that of Germany.
EUR/USD holds steady at 1.1100 still, trapped in just a 9 pips range so far today.