Based on the last 12 Ifo Business Climate events in Germany, we expect EURUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 78.3

Historical events that allowed us to draw this conclusion

18 Dec 09:00

25 Oct 08:00

24 Sep 08:00

24 Jun 08:00