April IFO is due at 8GMT and seen 89.1 from 90.8

Expectations f/c 83.5 from 85.1 are key (the future matters most)

March headline was war in Ukraine causes German business morale to collapse

With China lockdowns and imminent Fed tightening risk aversion now greater

EUR/USD traders are long into the event and pair slumping nL2N2WN0CO

Risk of deep EUR/JPY correction nL2N2WN0EZ

May be a good time to buy yen nL2N2WN0DR and avoid BTC nL2N2WN0FK