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Germany: IFO – Current Assessment (Nov) at 112.2

FXstreet.com (Edinburgh) - According to the CESifo Group, Current Assessment improved to 112.2 for the month of November, exceeding estimates at 111.6 and October’s 111.3. Further data showed that the IFO – Business Climate rose to 109.3 vs. 107.7 forecasted and the Expectations component followed suit, up to 106.3 from 103.7 in the previous month (revised).

Germany November IFO - Current Assessment up to 112.2 vs 111.3 (October)

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Flash: Strong IFO to support EUR/USD - Danske Bank

Danske Bank strategists note that today, they expect a relatively strong IFO, which might short term add some support to EUR/USD.
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