Merkel extends lead in latest German election poll

Forsa now out with the results of their latest poll 17 May
– CDU/CSU 38% +2
– SPD 26%
– FDP 8%
– Linke 8%
– Greens 7%
– AfD 7%
– Others 6%
Meanwhile EURUSD retreating a little at 1.1097 but still underpinned. Beware the large option expiries up here tomorrow that I imagine will help cap further gains for the moment, given we were lower when the contracts were struck.