Euro Retreats Ahead Of German Ifo Survey, Eurozone PMI
22 March 2018 - 3:56PM
RTTF2
At 5.00 am ET Thursday, Ifo business confidence from Germany and
composite PMI from euro area are due. The business sentiment index
is seen falling to 114.6 in March from 115.4 in February.
Ahead of these data, the euro retreated from its early highs
against its major rivals.
The euro was worth 130.71 against the yen, 1.1706 against the
franc, 0.8726 against the pound and 1.2361 against the greenback as
of 4:55 am ET.
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