We expect AUDUSD to trend downwards later today. Based on these past Germany Ifo Business Climate news events there is a 71.43% chance of this. We expect this to happen if the released value is > 90.5. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

24 Nov 09:00

25 Aug 08:00

27 Jul 08:00

24 Jun 08:00

24 Feb 09:00