Latest data released by GfK - 21 December 2018

The reading measures the level of consumer confidence in economic activity. A tad better than expected but the reading holds steady when compared to December. Confidence levels remain elevated relative to historical levels but is trending lower, albeit slowly.

EUR/USD sits at 1.1459 on the day, still stuck in a tight range. Likewise for EUR/GBP as it trades at 0.9041.