Trading the News: German IFO Expectation

What's Expected
Time of release: 09/24/2009 08:00 GMT, 04:00 EST
Primary Pair Impact : EURUSD
Expected: 96.6
Previous: 95.0

Business confidence in Germany is widely expected to improve for the sixth consecutive month in September, with economists forecasting the IFO's gauge for future expectations to increase to 96.6 from 95.0 in the previous month, which would be the highest reading since May 2008, and the data is likely to instill an improved outlook for the region as the economy emerges from the worst recession since the post-war period.

Download the Full Article

Best regards,

DailyFX Research Team
research@dailyfx.com