Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
There is no forecast value for IFO – Business Climate yet - check back for updates.
The most recent announced value for IFO – Business Climate was 86.7 against a forecast of 86.8.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next IFO – Business Climate result:
Country: | Germany |
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Currency: | EUR |
Source: | IFO Institute |
Category: | Economic Activity |
Frequency: | Monthly |