Euro Rises Vs Most Majors Ahead Of German Ifo Business Confidence Index
July 25 2014 - 3:56AM
RTTF2
At 4 am ET Friday, IFO is due to release its business confidence
index for Germany. The business climate index is expected to edge
down to 109.4 in July from 109.7 in June.
Ahead of the data, the euro showed mixed trading against the
other major currencies. While the euro edged down against the
greenback, it rose against the rest of major currencies.
The euro was quoted at 1.3466 against the greenback, 1.2152
against the franc, 0.7932 against the pound and 137.19 against the
yen as of 3:55 am ET.
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