ZEW institute September German economic sentiment index has come in at 57.7, up from 56.1 in August ,but worse than the median forecast of 60.0.
September current conditions indicator has come in at -74.0 versus -77.2 in August, worse than median forecast of -67.5.
EUR/USD has sold off on the disappointing numbers, presently at 1.4585 from around 1.4605 post release.
Earlier I had reports of buy orders lined up at 1.4570 down through 1.4550. Will be interesting to see if they stick around in the wake of the disappointing data.
