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At 2.00 am ET Tuesday, Destatis is scheduled to issue Germany's detailed GDP data. According to preliminary estimate, the economy contracted 0.1 percent sequentially in the second quarter.
Ahead of the data, the euro retreated from its early highs against its major counterparts.
The euro was worth 1.1101 against the greenback, 117.37 against the yen, 1.0863 against the franc and 0.9081 against the pound as of 1:55 am ET.