The Euro (EUR) is trading with a steady tone against the British Pound (GBP) on Tuesday, with the EUR/GBP cross hovering below the 0.8650 psychological mark at the start of the American session.
50 of 62 economists polled by Reuters said that they expect the Bank of England (BoE) to cut the policy rate once more this year, in the fourth quarter, by 25 basis points to 3.75%.
The Indian Rupee (INR) weakens on Tuesday amid persistent US–India trade tensions. US President Donald Trump said he would delay new tariffs on countries like China that continue purchasing Russian oil after talks with Russian President Vladimir Putin.