Some good news out of Europe at last.

[fxwalla]

Reported in the WSJ:
---------------------
The outlook for the German economy has "perceptibly" improved, but a strong cyclical bounce isn't to be expected until the second quarter, the Deutsche Bundesbank wrote in its monthly bulletin for February.

Germany is the main engine for the Eurozone - if we get a good cyclical turnaround in the second quarter, this is good news for Europe, and also the world as a whole.

[cbhattarai]

We hope that this time Euro have some better stock this year..