At 4:00 am ET, Markit releases euro area flash PMI results for September. Economists forecast the manufacturing PMI to fall slightly to 51.5 in September from 51.7 in August, while the services PMI to remain stable at 52.8 in September.

Ahead of these data, the euro rose against its major rivals.

As of 3:55 am ET, the euro was trading at 0.8606 against the pound, 1.1203 against the U.S. dollar, 1.0872 against the Swiss franc and 113.17 against the yen.

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