French September Consumer Morale Steady at 86 While Business Sentiment Weakens

French economic sentiment presented a mixed picture in September as consumer confidence remained steady while business sentiment declined. Consumer confidence came in at 86, beating expectations of 85 and unchanged from the prior month. However, consumer inflation expectations jumped to -9, the highest level since May. Meanwhile, business sentiment deteriorated, with conflicting survey reports noting readings of 96, down from 98, against a 97 forecast, and 101, down from 103, against a 102 forecast. The mixed data offered limited directional momentum for EUR/USD while highlighting ongoing headwinds for the Eurozone economy.