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EUR/USD: Trading the German IFO Business Confidence Survey

Business confidence in Germany is expected to fall back in July, with market participants projecting the IFO’s gauge for future expectations to weaken to 101.6 from 102.4 in the previous month, which would be the lowest reading since February, and the data could drag on the euro as investors weigh the outlook for future growth.

Source:EUR/USD: Trading the German IFO Business Confidence Survey