At 4.00 am ET, Germany's Ifo business confidence data is due. Business confidence is seen at 110.4 in April compared to 110.7 in March.

Ahead of the data, the Euro showed mixed trade against the major currencies. While the euro rose against the Pound and the U.S dollar, it fell against the Swiss franc. The euro held steady against the Yen.

As of 3:55 am ET, the Euro was trading at 0.8283 against the Pound, 1.3829 against the U.S dollar, 1.2200 against the Swiss franc and 141.60 against the Yen.

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