- 61.7 prev
- current conditions 50.0 vs 44.0 exp
- 41.2 prev
Ouch on the headline but current conditions keeping a bid in the towering teflon force
ZEW Institute says
- cautious expectations likely to be caused by some new uncertainties
- weak unemployment figures dampened leading indicators have caused concern in US that current economic upswing could lose momentum
- this month’s decline must not be overstated, majority of respondents remain optimistic
EURUSD dipped to 1.3714 from 1.3725 on the headline number. Currently 1.3718
