Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
EUR/USD edges lower after German IFO misses slightly on all fronts
The latest German IFO index has just been released and it was slight below forecasts on all fronts. The EUR/USD had been pushing a little higher ahead of this release. The Euro had traded to 1.0920 and it is now edging back towards 1.0910, so we are talking about small moves here. Irrespective of that, the IFO data is not exactly knocking it out if the park in any direction and as such continues to underscore the weak outlook for the German economy. Now, very often the Euro absorbs this data and we shall soon see if that is the case today
Market News
All News-
Bitcoin vaults 99k but can it reclaim 100k?
The price action across the dollar is mixed now and since the last update here that has seen the Yen rise even further. The GBP/USD and EUR/USD might... -
Well pick the bones out of that- EUR/USD falls back with GBP/USD
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
-
US stock futures on the rebound as US yields slip- S+P 500 set open higher now
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
