Thursday, November 22, 2012

EUR/USD: Trading the German Ifo Business Climate Index

German Ifo Business Climate is a monthly composite index of about 7,000 businesses, which are surveyed about current business conditions and their expectations concerning economic performance over the next six months.  A reading which is higher than expected is bearish for the US dollar. Here are all the details, and 5 possible outcomes for EUR/USD.
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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