German consumer sentiment<\/a> plunged to a 9 month low in December.<\/p>\nThe GFK consumer sentiment index fell to -23.3 in December from -18.4, below the\u00a0 -18.8 forecast. Confidence has deteriorated amid rising concerns over job security and recession.<\/p>\n
Looking ahead, German inflation data is due tomorrow.<\/p>\n
The pound is drifting higher amid a quiet economic calendar. The pound remains supported by BoE deputy governor Claire Lombadelli who supports a more gradual stance to rate cuts.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is rising for a second day. The euro is falling after German consumer sentiment plunged to a 9 month low in December. The GFK consumer sentiment index fell to -23.3 in December from -18.4, below the\u00a0 -18.8 forecast. Confidence has deteriorated amid rising concerns over job security and recession. […]<\/p>\n","protected":false},"author":163946598,"featured_media":5541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2469,1380],"tags":[1395,2649,1394,2410],"class_list":{"0":"post-118632","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-chf","8":"category-eur","9":"tag-eur","10":"tag-eur-gbp","11":"tag-gbp","12":"tag-gbp-eur"},"acf":[],"yoast_head":"\n
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