Investing.com - The Euro was lower against the U.S. Dollar on Wednesday after the release of euro zone data on German Ifo Business Climate Index.
EUR/USD was trading at 1.4420, down 0.15% at time of writing.
The pair was likely to find support at 1.4260, Friday’s low, and resistance at 1.4500, Tuesday’s high.
Earlier in the day, data showed that Germany’s Ifo business climate fell more-than-expected to 108.7 last month, from 112.9 in the preceding month.
Analysts had expected German Ifo business climate to fall to 111.0 last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.58% to hit 0.8806 and EUR/JPY rising 0.32% to hit 111.04.
EUR/USD was trading at 1.4420, down 0.15% at time of writing.
The pair was likely to find support at 1.4260, Friday’s low, and resistance at 1.4500, Tuesday’s high.
Earlier in the day, data showed that Germany’s Ifo business climate fell more-than-expected to 108.7 last month, from 112.9 in the preceding month.
Analysts had expected German Ifo business climate to fall to 111.0 last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.58% to hit 0.8806 and EUR/JPY rising 0.32% to hit 111.04.