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German IFO index rises for the first time in 7 months

FXStreet (London) - The German IFO institute's business climate index beat expectations today by printing at 104.7 – the first rise in seven months. Consensus expectations had been for a further decline to 103 after the 103.2 print in October. Despite the improved survey results, the German outlook remains weak after 0.1 percent GDP growth in the third quarter.

Italy Trade Balance non-EU climbed from previous €1.533B to €4.038B in October

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EUR/USD keeps near 1.2400 post-IFO

The common currency kept the composure after the German IFO, with EUR/USD trading in the proximities of 1.2400 the figure...
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