Tue, 27 Aug 2013 10:44:30 GMT
Euro dives despite expectation-beating German Ifo
Sentiment among companies in Germany advanced more than expected in August, however the 17-nation currency declined. The German business sentiment for August increased from 106.2 in July to 107.5, beating analysts expectations of 107.0. The common currency decreased 0.21% to $1.3340, following a jump of 0.04% to $1.3374.