In a report, the German research institute, Ifo said its Business Climate Index fell by 1.9 points to a seasonally adjusted 103.3 in July from a reading of 105.2 in June, whose figure was revised down from 105.3. According to the German research institute Business Climate Index fell by 1.9 points, down to 103.3.The analysis only expected 0.5 fell to 104.7.Also the Current Assessment Index Analysts had been dropped by 2.3 points. What shows a harsh next six months, is that the Business Expectation Index was dropped a 1.6 points as well.
After the release of the data, the euro remained higher against the U.S. dollar, with EUR/USD adding 0.27% to trade at 1.2095.
MegaTraderFX - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. MegaTraderFX bears no responsibility for any trading losses you might incur as a result of using any data within the MegaTraderFX.
