Friday, May 24, 2013

German Ifo Business Climate Surprises – EUR/USD Rises

The German Ifo Business Climate jumped to 105.7 points. It was expected to tick up very marginally from 104.4 to 104.6 points. The current assessment component also beat expectations by rising to 110. It predicted to remain unchanged at 107.2 points and the expectations component was estimated to stay at 101.6 and that is what happened.
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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