Germany: IFO – Business Climate up to 111.2 in April

FXStreet (Łódź) - According to data published on Thursday by the CESifo Group, German IFO – Business Climate increased from 110.7 in March to 111.2 in April. Market consensus pointed to a slide to 110.5.

IFO – Current Assessment was almost unchanged, edging up to 115.3 in April, from 115.2 the previous month, below forecasts of rising to 115.7. IFO – Expectations rose to 107.3 from 106.4 and against expectations of falling to 105.8.

USD/JPY goes back above 102.40

USD/JPY recovers from morning low at 102.24 reaching 102.40 area by the moment.
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Further ECB easing in June? - Danske Bank

Analyst Pernille Nielsen at Danske Bank, underlines that a very low inflation figures in April would derive in some sort of ECB monetary easing in May....
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