Euro Advances Ahead Of German Ifo Business Climate Index
January 26 2015 - 3:56AM
RTTF2
At 4 am ET Monday, the Ifo Institue is scheduled to release the
business climate index for Germany. The headline index is forecast
to increase to 106.4 in January from 105.5 in December. The current
conditions index is estimated to rise to 110.8 from 109.8 and the
expectations index is forecast to climb to 102.5 from 101.4.
Ahead of the data, the euro climbed against its major
rivals.
The euro was worth 1.1231 against the greenback, 0.9964 against
the franc, 0.7482 against the pound and 132.87 against the yen as
of 3:55 am ET.
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