At 4:00 am ET Tuesday, the Ifo Institue is scheduled to release the business climate index for Germany. The business confidence index is seen unchanged at 108.2 in November. The current conditions index is forecast to fall to 112.4, while expectations index to rise to 104.

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

As of 3:55 am ET, the euro was trading at 0.7046 against the pound, 1.0844 against the Swiss franc, 1.0659 against the U.S. dollar and 130.53 against the yen.

Sterling vs Yen (FX:GBPJPY)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more Sterling vs Yen Charts.
Sterling vs Yen (FX:GBPJPY)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more Sterling vs Yen Charts.