Euro stable before the Ifo business climate is announced

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Euro and dollar bills

© www.de24.news The  majority of global transactions are processed in these two currencies.

(Photo: Reuters)

Frankfurt © www.de24.news

 The  euro moved little at the start of the week ahead of important economic data from Germany. On Monday morning, the common currency cost 1.2120 US dollars, roughly the same as on Friday evening. © www.de24.news

 The  European Central Bank (ECB) set the reference rate on Friday afternoon at $ 1.2139.

On Monday morning, the Munich Ifo Institute publishes its business climate, a monthly survey in companies. A slight brightening is expected. © www.de24.news

 The  business climate is the most important early economic indicator for the German economy. From the ranks of the ECB, President Christine Lagarde also spoke up.

More: Back to normal? © www.de24.news

 The  central banks are preparing for the time after Corona

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https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/devisenmarkt-euro-vor-bekanntgabe-des-ifo-geschaeftsklimas-stabil/26938334.html?ticket=ST-2664874-r779htdESjV3TYIwLZzH-ap2

Euro stable Ifo business climate announced

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