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### - POV - Belgian Business............>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: ### - POV - Belgian Business Confidence and Flash PMI's suggest
strong Germany Ifo
Eur-Usd edges back toward its earlier Asian high of $1.1859, currently around
$1.1856, as traders position for Germany Ifo at 0900GMT. Market medians Business
Climate 116.7(last 116.7), Expectations 108.8(last 109.1), Current Assessment
125(last 124.8). Flash PMI data Thursday came in on the strong side, and with
Belgian Business Confidence yesterday also beating forecasts, signals are there
for a strong Germany Ifo release. If rate can break through $1.1860/70 to open
potential for a move on toward $1.1880/87(Oct12 high/61.8% $1.2093-1.1554). 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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