FxPro Forex Analysis: EUR weaker after ZEW data

The expectations component of the Germany ZEW survey of investor confidence fell short of expectations at 55.7, from 61.7 previously. This takes the series to level last seen 3 months ago, so lower, but not drastically so. EUR is around 10 pips from the European session highs (1.3727), so weaker but not drastically so after the release.