Germano Ifo up at 107.5

Monday, 26 September 2011 11:21

German Information and Forschung Business Climate was released minutes ago with better figures than expected.

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Euro spiked up to 1.4400 zone

Friday, 22 July 2011 01:13

The Euro spiked high over yesterday’s 1.43 line to a high of 1.4443 in today’s trading session.

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Euro boosting after German Ifo

Friday, 24 June 2011 11:58

The Euro spiraled downwards after its highs at the 1.44 line earlier this week, to go back to its 1.4200 trading. German Ifo rose to 114.5 in June unexpectedly from 114.2 in May.

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German IFO remains unexpectedly steady

Tuesday, 24 May 2011 11:52

Anxiously anticipated German IFO Business climate news remained at a steady rate of 114.2, while expectations discussed the possibility of the German IFO to come out at 113.9. Shortly after the positive news release, EUR/USD jumped from 1.4060 to trade at 1.4093; its current point. The European currency struggles to make a recovery after yesterday’s heavy downfall below the line of 1.40. After the currency fell to 1.3969, it attempted a recovery to keep itself off the 1.3950 resistance level.

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