German Ifo Business Climate 82.1 vs 82.2 expected. Eur/Usd reacted 20 pips down after the announcement, but at this time the pair recovered the loses.
Watch 1.3420 and 1.3500 levels.
IFO spreads to Cable and reacts 40 pips down after the announcement. Cable is weak today. I’ll post this morning’s trade in cable later on. Very nice trade at the Frankfurt open. Half lot still open for + 70 pips at this moment.
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