Subscribe to the "German IFO Boosts Euro in Forex Trading" web feed.Subscription options
Excerpt from:  GFT News
.
May 21, 2008

German IFO Boosts Euro in Forex Trading

Currency trading with euro/dollar
euro forex trading, German Ifo, currency trading euro/dollar, euro/dollar, forex trading, currency trading, German economy, FX market, euro FX market
The euro is on the rise in forex trading today. Currency trading with euro/dollar should consider that the German Ifo data released earlier is helping the euro on the FX market.

German Ifo data is an economic indicator that is very important to the performance of the euro in forex trading. This is because Germany is Europe's largest economy, and the euro often takes cues from how well the German economy is doing.

With an unexpectedly strong Ifo reading, and with oil prices likely to weigh on the dollar, it appears that the euro is returning to strength for now in currency trading.
Bookmark and Share
.
PermalinkEuro in Forex Trading
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  currency trading, currency trading euro/dollar, euro/dollar, euro forex trading, euro FX market, forex trading, FX market, German economy, German Ifo
by mmarquit | ↑top | link to this#
Syndication OptionsRSS (Rich Site Summary) Feed Atom Feed OPML (Outline Processor Language) Feed MYST-ML (MyST Markup Language) Content Feed MS-Office Smart Tag Subscription