EUR/USD stable on IFO numbers in line

German IFO – Business Climate (June) came in at 105.9 vrs consensus 105.7. The IFO - Current Assessment (Jun) came in at 109.4, slightly down on consensus 109.5 and finally the IFO -Expectations (Jun) arrived at 102.5, slightly up vrs 102.00 consensus. The pair are trading slightly above the figure still after the release around 1.3105.
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Germany: IFO – Business Climate rises to 105.9 in June

According to data published on Friday by the CESifo Group, German IFO – Business Climate increased slightly from 105.7 in May to 105.9 in June. This result is in line with forecasts.
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