At 4.00 am ET Monday, Germany's Ifo business confidence survey results are due. Business confidence is seen rising to 110 in January from 109.5 in December. The current conditions index is forecast to rise to 112.5 from 111.6, and the expectations index to climb to 108 from 107.4.
Ahead of the data, the euro held steady against other major currencies.
The euro was quoted at 1.3697 against the greenback, 140.36 against the yen, 0.8292 against the pound and 1.2249 against the franc at 3:55 am ET.
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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.