At 4.00 am ET Tuesday, Eurozone flash PMI data for May and German Ifo business sentiment survey results have been released. After the data, the euro traded mixed against its major opponents. While the euro changed little against the pound, it eased against the greenback, the yen and the franc.

The euro was trading at 1.1243 against the greenback, 125.05 against the yen, 1.0936 against the franc and 0.8666 against the pound around 4:05 am ET.

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