Latest data released by INSEE - 30 January 2018

  • Prior m/m +2.2%; revised to +3.0%
  • Consumer spending y/y +1.0% vs +1.6% expected
  • Prior y/y +1.2%; revised to +2.1%

Not such good headline numbers on the household consumption data for December, though those are some strong revisions to the November numbers. But overall, not a major data point.

EUR/USD a little higher now as the euro recoups some losses against the dollar now at 1.2364. EUR/GBP also higher at 0.8820 now. EUR/JPY still relatively weak at 134.45.