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Germany: IFO – Business Climate down to 104.4 in April

FXstreet.com (Barcelona) - According to data published on Wednesday by the CESifo Group, German IFO – Business Climate decreased from 106.7 in March to 104.4 in April. Market consensus pointed to less decrease to 106.2.

IFO – Current Assessment fell to 107.2 in April, versus 109.9 the previous month, against forecasts of dropping just to 109.5. IFO – Expectations slid to 101.6 from 103.6 and below expectations of declining to 103.0.

Germany IFO - Current Assessment decreases to 107.2 in Apr from 109.9 in Mar

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Forex Flash: Majors flat as EUR undermined by soft data - OCBC Bank

Emmanuel Ng of OCBC Bank notes that the majors ended flat to lower with USD on Tuesday with EUR undermined by disappointing data releases and sustained worries of ECB dovishness.
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