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At 4.00 am ET Wednesday, Eurozone flash PMI data is due. The composite PMI is seen at 52.1 in July compared to 52.2 in June.
Ahead of the data, the euro slipped against its major rivals.
The euro was worth 120.32 against the yen, 1.0995 against the franc, 0.8949 against the pound and 1.1137 against the greenback as of 3:55 am ET.