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Forex News: Euro Falls Ahead Of German Ifo Business Confidence

Euro Falls Ahead Of German Ifo Business Confidence Survey

05/25/2018 - 03:58:00 (RTTNews)

(RTTNews) - At 4.00 am ET Friday, Germany's Ifo business confidence survey results are due. The sentiment index is forecast to drop to 102 in May from 102.1 in April.

Ahead of the data, the euro dropped against its major rivals.

The euro was worth 1.1685 against the greenback, 127.80 against the yen, 1.1596 against the franc and 0.8758 against the pound as of 3:55 am ET.

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