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At 3.45 am ET Friday, Italy's services PMI data is due. Thereafter, final composite PMI figures are due from France and Germany at 3.50 am and 3.55 am ET, respectively. At 4.00 am ET, IHS Markit publishes euro area final PMI data.
Ahead of the data, the euro dropped against its major rivals. The euro was worth 1.0800 against the greenback, 116.91 against the yen, 1.0548 against the franc and 0.8754 against the pound as of 3:40 am ET.
