Institute for the World Economy’s latest report

  • ECB overstepping mandate with targetted LTRO programme

On Germany:

  • raises 2014 GDP to 2% vs 1.9%
  • maintains 2015 forecast at 2.5%
  • jobless to drop to 6.5% by 2015

EURUSD still under pressure and posting new session/weekly lows of 1.3515