The euro showed mixed trading against the other major currencies in the early European session on Friday, following the release of Eurozone private sector activity data in September.

Data from Markit showed that Eurozone private sector grew at the slowest pace in 20 months in September. The factory Purchasing Managers index improved to 52.6 from 51.7 in August. The reading was expected to fall to 51.5.

Meanwhile, the services PMI dropped to 52.1 from 52.8 in the prior month. This was the lowest in 21 months. The score was forecast to remain unchanged at 52.8.

Germany's private sector logged the weakest expansion in activity in almost one-and-a-half years. The factory PMI improved to 54.3 from 53.6 a month ago. The reading was expected to fall to 53.1.The composite output index fell to a 16-month low of 52.7 in September from 53.3 in August.

The services PMI fell unexpectedly to a 39-month low of 50.6 from 51.7 in August. The score was forecast to rise to 52.1.

Meanwhile, the European stocks traded lower due to lower commodity prices and heavy losses in the mining and banking stocks.

In the Asian trading today, the euro held steady against its major rivals.

In the European trading, the euro dropped to 1.1196 against the U.S. dollar and 112.96 against the yen, from early highs of 1.1218 and 113.43, respectively. If the euro extends its downtrend, it is likely to find support around 1.10 against the greenback and 110.00 against the yen.

Against the pound, the euro rose to a 3-day high of 0.8619 from an early low of 0.8563. The euro may test resistance near the 0.87 region.

The euro edged up to 1.0883 against the Swiss franc, from an early low of 1.0854. On the upside, 1.09 is seen as the next resistance level for the euro.

Looking ahead, Canada retail sales for July and CPI data for August, Markit's U.S. flash manufacturing PMI for September and U.S. Baker Hughes rig count data are slated for release in the New York session.

At 9:00 am ET, U.S. Treasury Secretary Jack Lew and Treasury Deputy Secretary Sarah Bloom Raskin will participate in the Freedman Bank Forum, in Washington.

At 12:00 pm ET, Federal Reserve Bank of Philadelphia President Patrick Harker, Cleveland Fed President Loretta Mester and Atlanta Fed President Dennis Lockhart are expected to participate in "Presidents' Perspectives: The Fed's Role in Our Communities" closing plenary before the "Reinventing Our Communities: Transforming Our Economies," a conference hosted by the Federal Reserve Bank of Philadelphia .

At 12:30 pm ET, Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated Q&A before the Independent Bankers Association of Texas Annual Convention, in San Antonio.

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