Euro Mixed Ahead Of German Ifo Business Sentiment Data

23:55, 24th May 2016

(RTTNews) - At 4:00 am ET Wednesday, Germany's Ifo business sentiment data for May is due to be released. Economists forecast the business confidence index to rise to 106.8 in May from 106.6 in April.

Ahead of the data, the euro showed mixed trading against its major rivals. While the euro fell against the Swiss franc, the pound and the yen, it held steady against the U.S. dollar.

As of 3:55 am ET, the euro was trading at 0.7614 against the pound, 1.1055 against the Swiss franc, 1.1144 against the U.S. dollar and 122.54 against the yen.