Germany's Ifo business confidence survey results are due at 4.00 am ET Wednesday. The business sentiment is seen at 102 in December, up from 101.4 in November. The current conditions index is expected to slip to 108, while expectations to rise to 96.4.
Ahead of the data, the euro showed mixed trading against other major currencies. While the euro eased against the dollar and the pound, it held steady against the yen. Against the franc, the euro edged up.
At 3:55 am ET, the euro was worth 1.3236 against the greenback, 0.8132 against the pound, 1.2090 against the franc and 111.62 against the yen.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.