At 5:00 am ET Thursday, Eurostat publishes euro area trade data for April. The trade surplus is forecast to fall to EUR 22 billion in April from EUR 23.1 billion in March.

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

As of 4:55 am ET, the euro was trading at 0.8799 against the pound, 1.0885 against the Swiss franc, 1.1181 against the U.S. dollar and 122.58 against the yen.

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