Destatis releases German import price figures for December in the pre-European session on Thursday at 2:00 am ET. Prices are forecast to decline 3 percent annually in December versus a 3.5 percent drop in November.

Ahead of the data, the euro fell against its major rivals.

As of 1:55 am ET, the euro was trading at 0.7635 against the pound, 1.1057 against the Swiss franc, 1.0878 against the U.S. dollar and 129.01 against the yen.

The material has been provided by InstaForex Company – www.instaforex.com