Better that expected business confidence in Germany. The survey was made before the bombings in Brussels. The IFO Business Climate beat with 106.7 instead of 106 expected and 105.7 seen beforehand. The Expectations component rose to 100, beating 99.5 expected. The Current Assessment component advanced to 113.8 instead of 112.6 predicted. Also the flash euro-zone PMIs came out above expectations with 51.4 on manufacturing and 54 on services. EUR/USD is bouncing above 1.12 in the aftermath – a small relief for the pair after the Brussels attack downfall. Germany’s No. 1 Think Tank was expected to report a small rise in business confidence: from a score of 105.7 to 106 points. The Business Expectations component carried expectations for an advance from 98.8 to 99.5 and the Current Assessment was actually predicted to slide from 112.9 to 112.6 points. EUR/USD has tumbled down under support at 1.1215 on the sad news from Brussels: two explosions rocked the airport and an additional attack on the Maalbeck metro station was reported. At least 13 are dead. At the same time, Markit released its preliminary purchasing managers’ indices for the whole euro-zone, which followed up on the German and French ones published earlier. EUR/USD was wobbling in range, looking for a new direction and with one eye on events in the Brussels Airport, where two explosions were heard earlier in the morning. We later have the German ZEW Economic Sentiment publication. A rise from to 5 points is on the cards. The ZEW institute usually publishes its assessment before IFO, but this month is different. More: EUR: Drivers & Trading Strategy For Next 3 Months – Nomura Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next UK inflation stays at 0.3% – GBP/USD falls Yohay Elam 7 years Better that expected business confidence in Germany. The survey was made before the bombings in Brussels. The IFO Business Climate beat with 106.7 instead of 106 expected and 105.7 seen beforehand. The Expectations component rose to 100, beating 99.5 expected. The Current Assessment component advanced to 113.8 instead of 112.6 predicted. Also the flash euro-zone PMIs came out above expectations with 51.4 on manufacturing and 54 on services. EUR/USD is bouncing above 1.12 in the aftermath - a small relief for the pair after the Brussels attack downfall. Germany's No. 1 Think Tank was expected to report a small rise… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.