The Euro (EUR) concerns over new threats to the Greek debt deal was countered by stronger than expected economic data. January PMI surveys showed improvement with Manufacturing improving to 48.7 vs. 46.9 previously and Services at PMI forecast at 50.5 vs. 48.8. Also helping sentiment was solid debt Auctions from Spain. Looking ahead, January German IFO Business Climate forecast at 107.5 vs. 107.2 previously.
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