Destatis will release German producer prices for February at 3:00 am ET Wednesday.

Ahead of the data, the euro traded mixed against its major counterparts. While the euro held steady against the greenback and the yen, it rose against the pound. Against the franc, it fell.

The euro was worth 126.61 against the yen, 1.1342 against the franc, 0.8560 against the pound and 1.1347 against the greenback as of 2:55 am ET.

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