Latest data released by INSEE - 24 April 2018

  • Prior 109
  • Manufacturing confidence 109 vs 110 expected
  • Prior 111; revised to 110

A slight dip in confidence levels, but they remain elevated nonetheless. The readings provide a general sentiment indicator of the French economy. Not a major data point by any means.

EUR/USD continues to hug the 100-day MA, now at 1.2214. EUR/GBP trading range-bound at 0.8762. EUR/CHF similar at 1.1942.