• Majority of firms see current conditions as positive for first time since crisis start
  • Business expectations inspire confidence, industry expectations at second best historical level
  • Sees unemployment falling to 3.2 mln in 2010, lowest level since 1992
  • Sees increased problem from lack of skilled workers, Germany must deal with demographic change
  • Sticking to 2010 growth forecast of 2.3%

Hey, pretty upbeat stuff!!!! EUR/USD makes it back over 1.2200, presently at 1.2205.

EDIT: Talk of stops gathering up around 1.2230.