German factory orders data for December is due in the pre-European session of Friday at 2:00 am ET. Economists expect orders to decline by 0.5 percent on month, slower than the 1.5 percent growth a month ago.

Ahead of the data, the euro held steady against its major rivals.

As of 1:55 am ET, the euro was trading at 0.7689 against the pound, 1.1129 against the Swiss franc, 1.1193 against the U.S. dollar and 130.72 against the yen.

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