At 5:00 am ET Wednesday, Eurostat is scheduled to issue euro area retail sales data for August. Sales are forecast to grow 0.3 percent on month in August, in contrast to a 0.3 percent fall in July.

Ahead of the data, the euro showed mixed trading against its major rivals. While the euro rose against the Swiss franc, it fell against the pound. Against the U.s. dollar and the yen, the euro held steady.

As of 4:55 am ET, the euro was trading at 0.8859 against the pound, 1.1445 against the Swiss franc, 1.1759 against the U.S. dollar and 132.37 against the yen.

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