At 4.00 am ET Friday, Eurozone flash PMI data is due from IHS Markit. The composite PMI is expected to rise to 51.2 in January from 50.9 a month ago.

Ahead of the data, the euro traded mixed against its major rivals. While the euro rose against the yen, it eased off against the rest of major rivals. The euro was worth 1.1047 against the greenback, 121.11 against the yen, 1.0715 against the franc and 0.8412 against the pound as of 3:55 am ET.

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