EUR/CHF is stabilizing after defending key support levels, with recent price action suggesting a potential base formation. A hold above 0.9290 could open the door to further gains, Société Générale's FX analysts note.
The GBP/USD rally stalls as the Greenback stages a recovery, pushing the pair down over 0.24% after registering three straight days of gains that fell short of cracking the 1.3600 figure.
S&P Global will release on Thursday its preliminary July Purchasing Managers' Indices (PMIs) for the United States, based on surveys of top private sector executives, to provide an early indication of economic momentum.