At 4.00 am ET Friday, Germany's Ifo business confidence survey results are due. Business sentiment is forecast to remain unchanged at 104.4 in May. Both current conditions and expectations indices are expected to stay unchanged in May.
Ahead of the data, the euro held steady against its major counterparts.
At 3:55 am ET, the euro traded at 1.2941 against the greenback, 131.52 against the yen, 0.8567 against the pound and 1.2524 against the franc.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.