At 2.00 am ET Wednesday, Destatis is scheduled to issue German wholesale and final consumer prices for November. Germany's inflation is seen at 1.8 percent, in line with preliminary estimate.

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

The euro was worth 1.1757 against the greenback, 133.30 against the yen, 1.1642 against the franc and 0.8823 against the pound as of 1:55 am ET.

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