German Ifo Business Climate

German Ifo Business Climate

What will happen?

Germany, the leading economy in the Euro Zone, will reveal one of the key economic indicators – German Ifo Business Climate on September 24 at 11:00 MT time. It is a survey of nearly 9,000 businesses that asks respondents to access the current business conditions and expectations for the next 6 months. 

Why is it important?

Businesses adapt fast for the new market conditions, that’s why their current sentiment can signal changes in future economic activity such as spending, hiring, and investment. Last time, the indicator came out worse than expected and pressed down EUR/USD by 200 points. Pay attention to the support and resistance levels. For example, at that time the 200-hour moving average stopped the pair from further falling.

3.png

How to trade on German Ifo Business Climate?

  • If the indicator is better than expected, the EUR can rise.
  • Otherwise, fall.

 Check the economic calendar

Instruments to trade: EUR/USD, EUR/GBP, EUR/JPY.

LOG IN

Similar

Inflation Risks Return To The Markets
Inflation Risks Return To The Markets

Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!

ECB Key Rate is in Focus
ECB Key Rate is in Focus

ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.

Latest news

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera