More good news from the euro-zone’s largest economy. The German IFO Business Climate rose to 109 points, significantly better than 108.2 expected. Business Expectations are up from 103.9 (upwards revised) to 104.7, also better than expected. And also the Current Assessment is up from 103.9 to 104.7.
EUR/USD is extending its rise towards resistance at 1.0670.
Read the rest of the article German IFO Business Climate beats with 109