Euro rises, Bunds extend falls on above-forecast German Ifo

Written By Unknown on Jumat, 22 November 2013 | 18.12

LONDON Fri Nov 22, 2013 4:09am EST

LONDON Nov 22 (Reuters) - The euro rose on Friday while German Bund futures extended losses after the Ifo index of German business sentiment rose much more than forecast.

The euro rose to a session high against the dollar of $1.3528, up from around $1.3495 beforehand. It also hit a four-year high against the yen of 136.68 yen.

German Bund futures fell as much as 29 ticks on the day to 140.69, having traded around 140.88 just before the data.


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