Business Conditions Worsen: We start the week with another set of weak data points for Germany, which worked to pressure the EUR/USD. The Ifo Business Climate Index fell again in October, continuing a downward trend since April when the index came in at 111.2. For October, it came in at 103.2, after a print of 104.7 in September. Forecasts averaged a call of 104.6. (source: official release )
Continuing Decline: We can see that […]
