German IFO Business Climate Index holds steady at 94.6 in October. German IFO Current Economic Assessment stood at 97.8 vs. 98.6 last. German IFO Expectations Index climbs to 91.5 vs. 91.0 expected. The headline German IFO Business Climate Index came in at 94.6 in October, same as recorded in the previous month but was slightly better than consensus estimates pointing to a reading of 94.5. Meanwhile, the Current Economic Assessment arrived at 97.8 points for the reported month as compared to last month’s upwardly revised reading of 98.6 and slightly below 98.0 anticipated. On the other hand, the IFO Expectations Index – indicating firms’ projections for the next six months -jumped to 91.5 for October, up from previous month’s 90.9 and beating market expectations of 91.0. The mostly upbeat IFO numbers provided a minor lift to the shared currency, lifting the EUR/USD pair to fresh session tops, around the 1.1115-20 region. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed will most likely cut rates next week – Nordea FX Street 3 years German IFO Business Climate Index holds steady at 94.6 in October. German IFO Current Economic Assessment stood at 97.8 vs. 98.6 last. German IFO Expectations Index climbs to 91.5 vs. 91.0 expected. The headline German IFO Business Climate Index came in at 94.6 in October, same as recorded in the previous month but was slightly better than consensus estimates pointing to a reading of 94.5. Meanwhile, the Current Economic Assessment arrived at 97.8 points for the reported month as compared to last month's upwardly revised reading of 98.6 and slightly below 98.0 anticipated. On the other hand, the… 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.
