• Fundamental trend for growth in Q4 is positive but weather could impact it
  • Christmas business is going well for retail sector, last week is decisive however for overall performance
  • Winter weather is damping factor for economy, but does not see big problems in production so far
  • ECB should leave interest rates at curent level

EUR/USD has gotten nice little lift from the better than expected Ifo data. Presently at 1.3335, trying to digest aforementioned 1.3330/50 sell orders.