Latest IFO reading now out
- 108.3 prev
- current assessment 114.0 vs 114.7 exp vs 114.8 prev
- expectations 103.3 vs 101.4 exp vs 102.2 prev
Overall better than expected release sees EURUSD pop up to test offers into 1.1225. Level holding so far and now 1.1214
IFO economist warning that next reading will reflect VW fall-out gives euro a helping hand lower
