Eurozone's industrial production is due out at 6:00 am ET. The seasonally adjusted industrial production is forecast to fall to 2.0 percent annually and 0.1 percent on month in January.
The euro showed mixed performance ahead of the report. While the common currency edged lower against the pound, it held steady versus the rest of majors.
As of 5:55 am ET, the single currency was trading at 1.2330 against the Swiss franc, 124.74 against the yen, 0.8702 against the pound and 1.3022 against the US dollar.
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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.