Latest data released by the IFO Institute for Economic Research - 19 Dec 2017
- Prior 117.5, revised up to 117.6
- Current assessment index 125.4 vs 124.7 exp
- Expectations 109.5 vs 110.7 exp
A slight drop in business morale as compared to November, but still a good reading as the trend would suggest.
Euro is still looking underpinned for the day, EUR/USD now at 1.1812 after hitting session highs of 1.1819 earlier.
