At 3:30 am ET Friday, Germany’s PMI report for January is due. The manufacturing index is forecast to drop to 53 in January from 53.2 in prior month and the services indicator to ease to 55.5 from 56 in December.
Ahead of the data, the euro showed mixed trading against its major rivals. While the euro held steady against the U.S. dollar and the yen, it rose against the Swiss franc. Against the pound, the euro fell.
As of 3:25 am ET, the euro was trading at 0.7606 against the pound, 1.0944 against the Swiss franc, 1.0830 against the U.S. dollar and 127.87 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com