Destatis is slated to publish Germany's trade data for June in the pre-European session on Tuesday at 2:00 am ET. Exports and imports are forecast to grow 0.2 percent each on a monthly basis in June.

Ahead of the data, the euro fell against its major rivals.

As of 1:55 am ET, the euro was trading at 0.9052 against the pound, 1.1485 against the Swiss franc, 1.1807 against the U.S. dollar and 130.56 against the yen.

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