The German ZEW Economic Sentiment figure was expected to be halved from 12.1 points in September to 6 in October, but a negative figure due to the Volkswagen crisis couldn’t be ruled out. The Current Conditions component carried expectations for a slide from 67.5 to 64.7 points.

EUR/USD traded around 1.1383 before the release, down from the highs it reached out to earlier.

Read the rest of the article German ZEW Economic Sentiment falls to 1.9 – EUR/USD follows