Latest data released by GfK - 26 February 2019
- Prior 10.8
The reading measures the level of consumer confidence in economic activity. The estimate comes in as expected and shows a flat reading for the month. For Germany, as long as overall sentiment isn't seen declining too rapidly, that can be taken as a positive sign at least.
A minor data point. EUR/USD holds at 1.1350 currently, trading at the lows but in a narrow range. EUR/GBP is lower at 0.8640, also trading near session lows currently.
