Risk Appetite Roars Higher As Eurozone And US Data Impresses
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G10 Advancers and Decliners vs USD
GBP
1.04
CHF
0.95
EUR
0.64
JPY
-0.24
• Austrian newspaper Der Kurier reports that France and Germany are debating a EUR55 bln rescue as soon as Easter
• Turkey agrees with IMF on fiscal rule but opinions said to differ on projections
• Eurozone Industrial Production (Jan) smashed estimates at +1.7% MoM (+0.7% expected) and last month’s -1.7% print was revised up significantly to +0.6% causing a strong EURUSD rally to 1.3797…
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