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IFO: German Business Sentiment Rises in March

A survey showed today, Friday, that German business confidence reached its highest level in nearly two years in March, as increased demand for manufactured goods kept factories in Europe’s largest economy in a state of activity during the rise in infections with the Coronavirus and restrictions of general isolation. The …

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Currencies Overview: Dollar Recovering on Improved Economic Outlook And Doubts Surround The Euro

The dollar recorded its highest level in several months during trading against most major currencies today, Friday, supported by a wave of optimism about better US economic data, the distribution of Corona virus vaccines, and higher Treasury revenues. The euro recovered slightly ahead of German business confidence data due to …

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