Better than expected business sentiment in Germany: Business climae rises to 107.7, expectations jump to 106.6 and the current assessment move up to 114.2 points. This contrasts yesterday’s disappointing ZEW number. EUR/USD grinds higher to 1.1150, nothing really spectacular. Germany’s No. 1 Think Tank, IFO, was expected to report a small upswing in sentiment. The […]
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