Germany IFO - Current Assessment registered at 111.7 above expectations (110.7) in January

FXStreet.com (Barcelona)

Jan 26, 2015

Germany IFO - Business Climate came in at 106.7, above forecasts (106.3) in January

EUR/CHF jumps to fresh daily highs after SNB intervention

The common currency bounce-off from one week lows and jumped 1.3% higher versus the Swiss Franc in the European morning after SNB sight deposits surged to 365.486 billion Swiss francs last week, up from 339.614 billion francs in the prior week.