Frankfurt The euro moved little at the start of the week ahead of important economic data from Germany. The common currency cost $ 1.2120 on Monday morning, roughly the same as on Friday evening. The European Central Bank (ECB) set the reference rate on Friday afternoon at $ 1.2139.
On Monday morning, the Ifo Institute in Munich publishes its business climate, a monthly survey in companies. A slight brightening is expected. The business climate is the most important leading economic indicator for the German economy. From the ranks of the ECB, President Christine Lagarde also spoke up.
More: Back to normal? The central banks are preparing for the time after Corona
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