At 4:00 am ET Thursday, Germany's Ifo business confidence index for August is due to be released. The business confidence index is seen rising to 108.5 in August from 108.3 in July.

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

As of 3:55 am ET, the euro was trading at 0.8531 against the pound, 1.0889 against the Swiss franc, 1.1275 against the U.S. dollar and 113.18 against the yen.

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