German IFO Business Climate Index improves to 93.6 in April vs. 94 expected

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German IFO Business Climate Index improves to 93.6 in April vs. 94 expected – by eren_fxstreet Germany Sentiment EURUSD

EUR/USD trades in the upper half of its daily range slightly below 1.1000 after the data.

Meanwhile, the Current Economic Assessment dropped to 95 from 95.4 and the IFO Expectations Index – indicating firms’ projections for the next six months, rose to 92.2 from 91, surpassing analysts' estimate of 91.6.About German IFO If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

 

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