Latest data released by INSEE - 23 January 2019
- Prior 102
- Manufacturing confidence 103 vs 103 expected
- Prior 104; revised to 103
Business confidence steadies relative to December but still holds at a two-year low. Not exactly the kind of thing that provides much optimism. A minor data point though.
EUR/USD sits at 1.1366 on the day, relatively unchanged as it holds between at 12 pips range so far. EUR/GBP is in a similar plight trading at 0.8770 currently.
