Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for IFO – Current Assessment is 86. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for IFO – Current Assessment was 86.7 against a forecast of 86.1.
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 |
|---|---|
| Currency: | EUR |
| Source: | IFO Institute |
| Category: | Economic Activity |
| Frequency: | Monthly |