Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for IFO – Business Climate is 85.2. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
(A summary of the historic trading range after each event is not available for IFO – Business Climate. Please check the candle charts instead.)
The trading range of EURUSD was pips following the most recent IFO – Business Climate.
The most recent announced value for IFO – Business Climate was 85.7 against a forecast of 86.7.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next IFO – Business Climate result:
Country: | Germany |
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Currency: | EUR |
Source: | IFO Institute |
Category: | Economic Activity |
Frequency: | Monthly |
The value of IFO – Business Climate has been announced.
Forecast | Actual |