Based on the last 12 Ifo Business Climate events in Germany, we expect EURUSD to trend upwards for the next 2 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 93.2

Historical events that allowed us to draw this conclusion

22 Feb 09:00

24 Nov 09:00

27 Jul 08:00

24 Jun 08:00

25 May 08:00