German ZEW Economic Sentiment Index declines to 41.8 in July vs. 42.5 expected

• Germany’s ZEW Economic Sentiment Index tumbles to 41.8 in July.
• EUR/USD keeps its range at around 1.0900 after the mixed German and Eurozone ZEW surveys.

The headline German ZEW Economic Sentiment Index dropped sharply from 47.5 in June to 41.8 in July, missing the market expectations of 42.5.

more to come ....