German Ifo Business Climate

Wednesday, 25 January 2012 01:47

German Ifo research institute reported that its Business Climate indicator grew for a third successive month in January.
The index increased by 1.0 point, exceeding highly expectations of 0.2 point growth.
December’s data showed 107.3 points.

Despite good news from Germany euro reminded lower against USD with couple traded at 1.2962 in early afternoon trade.