Germany Feb IFO report 22 Feb

  • 109.8 prev
  • expectations 104.0 vs 103.0 exp vs 103.2 prev
  • current assessment 1184 vs 116.6 exp vs 116.9 prev

Election crises ? Not as far as IFO are concerned

EURUSD nudges higher to 1.0510 helped by EURGBP bouncing off 0.8400 to post 0.8428 sending cable down to 1.2464 as we wait on UK Q4 GDP reading.