IFO president Clemens Fuest speaking to Bloomberg TV 19 Dec

  • sees German economy having a good start to 2017

No surprises from a German with too-low rates mantra.

Meanwhile EURUSD 1.0440 on session lows on general USD demand but nothing of note.

USDJPY 117.45 and USDCHF 1.0267 seemingly underpinned but struggling to make advances as yen and franc demand prevails.