The headline German IFO Business Climate indicator dropped to 104.4 points. It was expected to slide from 106.7 to 106.4 points. The “Current Assessment” indicator was expected to tick lower from 109.9 to 109.5 but fell to 107.2 points. The Expectations figure dropped from 103.6 to 101.6 instead of sliding only to 103 points. EUR/USD
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