At 4.45 am ET Thursday, IHS Markit publishes Italy's services PMI data. Final composite PMI survey results are due from France and Germany at 4.50 am and 4.55 am ET, respectively. At 5.00 am ET, IHS Markit releases euro area composite PMI data.

Ahead of the data, the euro fell against its major rivals. The euro was worth 131.78 against the yen, 1.1551 against the greenback, 0.8469 against the pound and 1.0552 against the franc as of 4:40 am ET.

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