Latest data released by INSEE - 27 February 2018

A miss on expectations there, but the levels are still relatively elevated compared to previous years. The reading is the lowest since October last year.

Euro not looking too phased by the data point. EUR/USD at 1.2338, steadily climbing on the session. EUR/GBP is at 0.8825, little changed. EUR/CHF at 1.1552, also little changed.