The initial movement in 1 / 3 figure after the release of German Ifo, which increased slightly from 106.7 to 106.8, reflects the degree of weakness of the data that produced a more sluggish market after the PMI data on Thursday. It is interesting to note the discrepancy between the current estimate and the balance of expectations. The growth of the first paragraph of 1.5 and last fall at 1.3 speaks of a rupture between the way the German manufacturers feel now and what to expect from the future. Most of 1.3340, which was fixed on Wednesday, will be the focus for leaving for the weekend markets, but very similar to what the data from the U.S. dollar will determine the tone and dictate whether the euro to break higher. Status of peripheral markets remains fragile, but so far the euro managed to avoid concerns about these issues, in particular because investor demand for the auction is quite sufficient.
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