German IFO Business Climate Index drops to 94.3 in August, EUR/USD keeps 1.1100

  • German IFO Business Climate Index came in at 94.3 in August.
  • German IFO Current Economic Assessment stood at 97.3 at August.
  • German IFO Expectations Index arrived at 91.3 in August.

Germany IFO - Expectations came in at 91.3 below forecasts (91.5) in August

Germany IFO - Expectations came in at 91.3 below forecasts (91.5) in August
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EUR/USD probes session lows near 1.1120 on downbeat IFO

The single currency keeps losing part of its shine at the beginning of the week and is now dragging EUR/USD to the area of daily lows in the 1.1120/15
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