German Ifo Business Climate

German Ifo Business Climate

German Ifo business climate is the main indicator of business sentiment in the leading economy of the euro area.  
The indicator rose to the record high in October – a sign that Germany will register strong economic growth in the fourth quarter. Good figures from Germany tend to have a positive effect on the EUR. The release at 11:00 MT time on November 24 may offer good trading opportunities in EUR/USD and other EUR pairs. 
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Trade on the Canadian economic data

The Canadian dollar has chances to keep trading at good levels. According to the recent statement of the Bank of Canada, the country’s economic data are in line with the forecasts.

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Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

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