At 5.00 am ET Thursday, Eurostat releases euro area detailed GDP data. The statistical office is expected to confirm 0.4 percent sequential growth in GDP.

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

The euro was worth 1.1240 against the greenback, 121.62 against the yen, 1.1175 against the franc and 0.8854 against the pound as of 4:55 am ET.

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