The typical/expected impact on EUR pairs is medium.
The consensus forecast for IFO – Current Assessment is 85.5. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for IFO – Current Assessment was 85.7 against a forecast of 85.5.
Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next IFO – Current Assessment result:
Country: | Germany |
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Currency: | EUR |
Source: | IFO Institute |
Category: | Economic Activity |
Frequency: | Monthly |