Euro Mixed Ahead Of German Ifo Business Sentiment Data
May 24 2016 - 11:55PM
RTTF2
At 4:00 am ET Wednesday, Germany's Ifo business sentiment data
for May is due to be released. Economists forecast the business
confidence index to rise to 106.8 in May from 106.6 in April.
Ahead of the data, the euro showed mixed trading against its
major rivals. While the euro fell against the Swiss franc, the
pound and the yen, it held steady against the U.S. dollar.
As of 3:55 am ET, the euro was trading at 0.7614 against the
pound, 1.1055 against the Swiss franc, 1.1144 against the U.S.
dollar and 122.54 against the yen.
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