Destatis is slated to publish Germany's factory orders data for October is due to be released in the pre-European session on Tuesday at 2:00 am ET. Orders are forecast to expand 0.6 percent on a monthly basis in October, reversing a 0.6 percent fall in September.

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

As of 1:55 am ET, the euro was trading at 0.8428 against the pound, 1.0825 against the Swiss franc, 1.0744 against the U.S. dollar and 122.51 against the yen.

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