At 2.00 am ET Thursday, Destatis publishes Germany's revised inflation data. The statistical office is expected to confirm 1.1 percent inflation for November.

Before the data, the euro traded mixed against its major counterparts. While the euro rose against the franc, it held steady against the rest of major counterparts.

The euro was worth 120.97 against the yen, 1.0945 against the franc, 0.8429 against the pound and 1.1138 against the greenback at 1:55 am ET.

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