OctaFX | OctaFX Forex Broker
Open trading account
Back

Germany: IFO – Business Climate drops a notch lower than expected in September

FXStreet (Łódź) - According to data published on Wednesday by the CESifo Group, German IFO – Business Climate decreased from 106.3 in August to 104.7 in September. Market consensus pointed to an fall to 105.7.

IFO – Current Assessment dropped to 110.5 in September, from 111.1 the previous month, above forecasts of sliding to 110.2. IFO – Expectations declined to 99.3 from 101.7 and below expectations of dropping to 101.2.

EUR/GBP keeps the negative outlook – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, expects the cross to retain its negative bias below 0.8105...
Read more Previous

EUR/USD slid below 1.2850 on IFO, but not for long

EUR/USD made attempts to rebound before the IFO release reaching 1.2860 area. It moved below 1.2850 right after the report.
Read more Next
Start livechat