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IFO economist: Expect slight expansion in Q4

Updated: 25 Oct. 2019 | 10:22

The German economy is stabilizing, said IFO economist Klaus Wohlrabe following Friday’s release of IFO economic survey results. Expect slight expansion in Q4 but uncertainty remains high due to Brexit, Wohlrabe added further.

The comments remained supportive of the bid tone surrounding the shared currency, with the EUR/USD pair holding near the top end of its daily trading range – around the 1.1120 region.

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