Eurozone flash inflation data is due at 5.00 am ET Wednesday. Inflation is expected to ease to 1.6 percent in March from 1.8 percent in February.
Ahead of the data, the euro showed mixed trading against other major currencies. While the euro recovered from early lows against the greenback, yen and the pound, it held steady against the franc after advancing earlier.
At 4:55 am ET, the euro traded at 1.2813 against the greenback, 119.81 against the yen, 0.8483 against the pound and 1.2173 against the franc.
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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.