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Germany: IFO – Expectations rose to 103.3 in August

FXstreet.com (Edinburgh) - The German IFO indicator improved in all of its components during August, surpassing forecasts as well. Current Assessment 112.0 vs. 111.0, Business Climate 107.5 vs. 106.2 and Expectations 103.3 vs. 103.0.

EUR/USD eyes 1.3300 despite better IFO

The single currency reached the boundaries of 1.3390 after the German IFO indicator exceeded investors’ expectations in August, just to drag the EUR/USD to fresh lows soon afterwards
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Flash: USD/JPY remains below the resistance line at 99.49 - Commerzbank

Axel Rudolph, Senior Technical Analyst at Commerzbank notes that USD/JPY has risen above the 98.66 mid-August high but did not reach the resistance line at 99.49 before coming off again.
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