IFO data now out

  • 108.00 prev
  • current assessment 114.80 vs 113.90 exp/prev
  • expectations 102.2 vs 102.0 exp vs 102.4 prev

Better data but market focus elsewhere right now. Euro still in retreat as equities stabilise but support in the dips noted still

EURUSD 1.1515 EURGBP 0.7302 EURJPY 137.85