Market Updates: German Ifo Business Climate Slips to 101.0 vs. 102.0
The Ifo Institute for Economic Research the German business confidence fell to 101 vs. 102 in the previous month. Economists expected to...
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Last updated: Tuesday, December 18, 2018
Fellas, as per the recent reports from Ifo Institute for Economic Research the German business confidence fell to 101 vs. 102 in the previous month. Economists expected to see a small decline again on the back of a continued difficult external environment, with China slowing further into year-end.
Despite that, the EUR/USD hasn’t changed much and decides to trade at $1,1360.
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Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.
His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.
His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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