Euro Mixed Ahead Of German Ifo Business Confidence Index
25 August 2016 - 5:56AM
RTTF2
At 4:00 am ET Thursday, Germany's Ifo business confidence index
for August is due to be released. The business confidence index is
seen rising to 108.5 in August from 108.3 in July.
Ahead of the data, the euro showed mixed trading against its
major rivals. While the euro rose against the U.S. dollar and the
pound, it fell against the Swiss franc and the yen.
As of 3:55 am ET, the euro was trading at 0.8531 against the
pound, 1.0889 against the Swiss franc, 1.1275 against the U.S.
dollar and 113.18 against the yen.
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