EURUSD continues lower. German IFO weaker. Fed first central bank this week.

EURUSD drops below the 50% and 200 bar MA on the 4H chart EURUSD continues lower today. Overnight, the Ifo business climate index for Germany in July 2023 came in at 87.3, below expectations of 88.0 and also lower than the previous reading of 88.6 (revised from 88.5). This helped the downward momentum slightly The […]