The Euro (EUR) February German IFO improved to 109.6 vs. 108.7 previously helping inspire broad Euro strength. The EUR/GBP tested 0.8500 as the UK Asset purchase program expansion weighed on the Pound. EUR/CHF is also interesting stable near the 1.2050 with the 1.2000 SNB level untested. Looking ahead, German Q4 GDP previously at -0.2%. Also ahead, January New Home Sales forecast 0.315mln vs. 0.307mn previously.
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