An unexpected fall in German business confidence according to the IFO institute. Business climate fell to 109.8 points. The Business Expectations figure dropped to 103.2 and only the Current Assessment measure came out within expectations at 116.9 points. All in all, we see the worries about the future but no change in the current situation. EUR/USD seems to ignore the data. The weakness of the US dollar may be stronger and the common currency seems unfazed. Germany’s IFO Business Climate measure was expected to continue advancing, increasing to 111.3 in January after 111 in December. The Business Expectations measure carried expectations for a rise from 105.6 to 105.8 and the Current Assessment figure was projected to edge up from 116.6 to 116.9 points. EUR/USD was trading lower within the high range. The Trump Slump saw some consolidation. Initially, Trump’s first actions in office sent the dollar down, as they included measures to block trade rather than build new infrastructure. Trump is expected to present measures related to national security today. Markets are unlikely to like it. 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 As EUR/USD Looks Expensive Again, What Is The Trade? – Yohay Elam 6 years An unexpected fall in German business confidence according to the IFO institute. Business climate fell to 109.8 points. The Business Expectations figure dropped to 103.2 and only the Current Assessment measure came out within expectations at 116.9 points. All in all, we see the worries about the future but no change in the current situation. EUR/USD seems to ignore the data. The weakness of the US dollar may be stronger and the common currency seems unfazed. Germany's IFO Business Climate measure was expected to continue advancing, increasing to 111.3 in January after 111 in December. The Business Expectations measure carried… 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.
