Thursday, September 24, 2009

Euro in Play with German IFO to Show Business Outlook Rose for Third Month (Euro Open) (Daily FX via Yahoo! Finance)

The Euro may see near-term gains as Germany?s IFO Survey shows that business confidence in the Euro Zone?s largest economy rose for the third straight month to hit the highest level since May 2008, but sentiment may not be supportive in the longer term.

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