At 5:00 am ET Wednesday, Eurostat releases euro area retail sales figures for March. Sales are forecast to grow 2.7 percent on a yearly basis after rising 2.4 percent in February.

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

As of 4:55 am ET, the euro was trading at 0.7931 against the pound, 1.0976 against the Swiss franc, 1.1489 against the U.S. dollar and 122.82 against the yen.

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