IFO economist adding comments to the earlier readings 25 July
- euro FX rate is no impediment to German economy
- German companies are experienced in managing FX moves
- not worried about Brexit impact on German economy
- mtg appears to knock German economy off course at the moment
- sees no impact from Trump on German economy
- legal security in Turkey is very important to German business but no current impact
Upbeat remarks but EUR pairs still ranging. EURUSD 1.1660 EURGBP 0.8950 EURJPY 129.70
IFO upbeat on German economy
