Currencies anticipate the joys of today’s Troika meeting – we think there is more to be expected Review: Good news The only important economic indicator on Friday was the German IFO index. Both the IFO Current Assessment and the IFO Expectations beat consensus estimates and, moreover, they were at higher levels compared to last time. The EU budget talks collapsed on Friday and were postponed until 2013. The collapse did not affect the FX market, but it is a signal of the political challenges
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Currencies anticipate the joys of today’s Troika meeting