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At 4.00 am ET Friday, Germany's ifo business confidence survey results are due. The business sentiment index is expected to fall to 80 in April from 86.1 in March.
Ahead of the data, the euro dropped against its major rivals.
The euro was worth 1.0746 against the greenback, 115.72 against the yen, 1.0517 against the franc and 0.8720 against the pound as of 3:55 am ET.
