Germany’s Ifo institute provided a nice figure: business climate rose from 114.2 to 114.5, beating expectations for a drop to 113.6. Euro/dollar, that was falling before the release, is now on the rise again. Also the accompanying figure came out better than expected: the Current Assessment was expected to print 120.8 points, and it rose to 123.3. It’s important to note that Ifo usually exceeds the consensus. Nevertheless, this highly regarded figure always rocks the currency. (full story)