France July consumer confidence 94 vs 99 expected

  

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Latest data released by INSEE – 29 July 2020

After the decline in US consumer confidence yesterday, the dip here sort of tells a broader story that the gradual recovery in the global economy may not be so straightforward. It is a minor data point but one to take note of in case broader sentiment starts to turn.For bank trade ideas, check out eFX Plus

The euro is keeping a little more perky in trading to start the session though, with EUR/USD near 1.1750 and EUR/GBP keeping higher at 0.9086 currently.

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