The German Ifo business climate has been falling for five months in a row now. The Ifo survey, which is a composite index of manufacturers, builders, wholesalers and retailers declined to 104.7. It was estimated to be at 105.9 and the previous month showed a figure of 106.3.
Earlier on facebook, I shared a link on Business Insider predicting that EUR/USD will soon reach 1.00 by 2017. The analysis was done by Goldman Sachs.
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