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Euro rises on Greek assurances, German Ifo survey

Apr. 24, 2015 4:36 AM ETFXE, ERO-OLD, URR, DRR, ULE, EUO, EUFXBy: Yoel Minkoff, SA News Editor
  • Tacking a fresh two-week high against a soft dollar, the euro is heading higher following weakening fears of a Grexit and Germany's Ifo survey,
  • Germany's business climate index rose to 108.6 in April from 107.9 in March - its highest level since June 2014.
  • "The upswing in the German economy continues," Ifo President Hans-Werner Sinn declared, pointing to stronger growth in 2015.
  • Euro +0.7% to $1.0896.
  • ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

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