At 4.00 am ET Thursday, Germany's Ifo business confidence data is due. The business sentiment index is seen at 117 in February versus 117.6 in January.

Ahead of the data, the euro traded mixed against its major rivals. While the euro held steady against the yen, it rose against the rest of major rivals.

The euro was worth 1.2272 against the greenback, 131.74 against the yen, 1.1537 against the franc and 0.8839 against the pound as of 3:55 am ET.

Grafico Cross Euro vs Sterling (FX:EURGBP)

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Grafico Cross Euro vs Sterling (FX:EURGBP)

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