German ZEW Economic Sentiment Index declines to 10.3 in January vs. 15.3 expected

• Germany’s ZEW Economic Sentiment Index dropped to 10.3 in January.
• EUR/USD holds losses near 1.0350 after German and Eurozone ZEW surveys.

The headline German ZEW Economic Sentiment Index declined to 10.3 in January from 15.7 in December, missing the market consensus of 15.3.

The Current Situation Index improved to -90.4 in the same period, as against December’s -93.1 figure. Data beat the expected -93.1 reading.