The Eurostat is scheduled to release second estimate on fourth quarter gross domestic product. GDP is expected to fall 1.5% quarter-on-quarter and 1.3% year-on-year. Ahead of the release, the euro climbed against the Swiss franc, but weakened against other major currencies. At about 4:55 am ET Tuesday, the euro was quoted at 1.5195 against the franc, 133.83 against the yen, 0.9069 against the pound and 1.3335 versus the dollar.

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