German businesses remain upbeat in January: Germany’s no. 1 think tank shows a stronger than expected advance in confidence: 106.7 points. Also the current assessment component is up from 110 to 11.7, better than predicted. Only the expectations component falls short of expectations: it advanced from 101.1 to 102, slightly below expectations. EUR/USD remains around 1.1225. The German IFO business climate was expected to continue advancing and to reach 106.7 points in January from 105.5 in December. EUR/USD traded above 1.12 towards the publication, rising from earlier lows. The euro began the week on the downside after it became clear that SYRIZA won the elections in Greece. While the anti-bailout party did not obtain an absolute majority, they are set to form a coalition government very soon. EUR/USD initially fell to just under 1.11 but recovered later on. More: Syriza’s victory worries the troika 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 EURUSD, GBPUSD, USDJPY Pivot Points, TA – Jan. 26 2015 John Benjamin 8 years German businesses remain upbeat in January: Germany's no. 1 think tank shows a stronger than expected advance in confidence: 106.7 points. Also the current assessment component is up from 110 to 11.7, better than predicted. Only the expectations component falls short of expectations: it advanced from 101.1 to 102, slightly below expectations. EUR/USD remains around 1.1225. The German IFO business climate was expected to continue advancing and to reach 106.7 points in January from 105.5 in December. EUR/USD traded above 1.12 towards the publication, rising from earlier lows. The euro began the week on the downside after it became clear… 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.