At 4.00 am ET Friday, IHS Markit releases euro area composite PMI survey results. The flash PMI score is seen at 48.0 in February versus 47.8 in the previous month.

Ahead of the data, the euro moved up against its major rivals.

The euro was worth 127.80 against the yen, 1.0843 against the franc, 0.8667 against the pound and 1.2132 against the greenback at 3:55 am ET.