Germany IFO’s Economist: Economic recovery is fragile

Dhwani Mehta FXStreet

Following the release of the final German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that the economic recovery remains fragile.

Additional quotes

“German recovery is more or less on track.”

“We see GDP growth of around 7% in Q3. “

“German exporters doing pretty well-considering situation in other European countries.”

EUR/USD clings to gains near session tops, around 1.1830 area post-German Ifo

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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