Euro Off Early Lows Vs Most Majors Ahead Of German Ifo Business Confidence
03:55, 24th September 2012
(RTTNews) - At 4.00 am ET Monday, German Ifo business sentiment survey data is due. The business confidence is forecast to remain unchanged at 102.3 in September. The expectations index is seen rising to 95, while current conditions is forecast to fall to 111.
Ahead of the data, the euro was down against the pound but recovered from its early lows against the rest of major currencies.
At 3:55 am ET, the euro was worth 1.2954 against the greenback, 1.2105 against the franc, 0.7979 against the pound and 101.13 against the yen.
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