At 2:00 am ET Wednesday, Destatis is slated to publish Germany's industrial production data for October. Production is expected to rise 0.8 percent on month versus a 1.8 percent fall in September.

Ahead of the data, the euro traded mixed against its major counterparts. While the euro rose against the yen and the pound, it held steady against the greenback and the Swiss franc.

The euro was worth 1.0715 against the greenback, 122.57 against the yen, 0.8470 against the pound and 1.0824 against the Swiss franc as of 1:55 am ET.

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