Markit Economics is due to release its flash manufacturing and services purchasing managers' indexes for Germany at 3:30 am ET Friday. The manufacturing PMI is estimated to climb to 51.7 in January from 51.2 in the previous month.

Ahead of the data, the euro showed mixed trading against its major rivals. While the euro recovered against the pound and the greenback, it held steady against the franc. Against the yen, the euro declined.

The euro was worth 1.1346 against the greenback, 134.02 against the yen, 0.7570 against the pound and 0.9877 against the franc as of 3:25 am ET.

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