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Germany: IFO – Business Climate up to 110.6 in January

FXstreet.com (Barcelona) - According to data published on Monday by the CESifo Group, German IFO – Business Climate increased from 109.5 in December to 110.6 in January. Market consensus pointed to less increase to 110.0.

IFO – Current Assessment rose to 112.4 in January, versus 111.6 the previous month, in line with forecasts. IFO – Expectations grew to 108.9 from 107.4 and above expectations of climbing to 108.0.

Germany January IFO - Expectations up to 108.9 vs 107.4 (December)

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EUR/USD through 1.3700 on IFO

The EUR/USD printed a fresh session high near 1.3710 after the German IFO indicator matched market consensus, improving during the month of January...
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