German December Ifo has come in slightly better than expected.

Business climate 94.7 vs median forecast 94.5; current assessment 90.5 vs median forecast of 90.0; expectations 99.1 vs median forecast of 99.0.

EUR/USD sits at 1.4382, exactly where it was when I sat down 4 hours ago. It’s tried the downside and then the upside and failed to ellicit any followthrough in either direction.