Germany: IFO – Business Climate almost unchanged in September

FXstreet.com (Barcelona) - According to data published by the CESifo Group, German IFO – Business Climate increased slightly from 107.6 in August to 107.7 in September. Market consensus pointed to an increase to 108.2.

IFO – Current Assessment fell to 111.4 in September, versus 112.0 the previous month, against forecasts of rising to 112.5. IFO – Expectations rose to 104.2 from 103.3 and above expectations of growing to 104.0.

EUR/USD back below 1.3500 on IFO

The single currency surrendered initial gains after the German IFO series disappointed investors in September, dragging the EUR/USD to levels below 1.3500 the figure...
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