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European Market Update: German IFO Survey Misses Expectations

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 25, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    A slight pickup in risk aversion helped to firm the EUR and JPY currencies but overall FX price action was quiet ahead of some key central bank rate decision this week. EUR/USD was firmer by 0.3% to test above 1.1250 despite weaker German IFO survey. Dealers noted that eventually interest[​IMG]

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