German factory orders data for September is set for release at 2:00 am ET Thursday. Economists forecasts the index to rise 1 percent on a seasonally basis, reversing from a decline of 1.8 percent in August.

The euro declined against the greenback, pound and the yen, but advanced the franc before the data.

The euro was valued at 1.0859 against the greenback, 0.7060 against the pound, 131.94 against the yen and 1.0802 against the franc as of 1:55 am ET.

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