Euro stable before the Ifo business climate is announced


Euro and dollar bills

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

(Photo: Reuters)

Frankfurt ©

 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. ©

 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. ©

 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? ©

 The  central banks are preparing for the time after Corona

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Euro stable Ifo business climate announced


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