United Kingdom GfK Consumer Confidence came in at -19, above expectations (-21) in January

EUR/USD tumbled back into the low side of 1.0850 as the pair resumes cycling within familiar levels on the week, with bearish flows forcing the Euro (EUR) further down against the US Dollar (USD) after the European Central Bank (ECB) held rates steady and US Gross Domestic Product (GDP) figures grew faster than expected in the fourth quarter.