The euro traded higher against the U.S. dollar and the pound in early European deals on Wednesday.
The euro rose to 1.3217 against the greenback, up from yesterday's close of 1.3198. The next upside target level for the euro is seen at 1.325.
Against the pound, the euro edged up to 0.8187 with 0.82 seen as the next upside target level. The pair closed yesterday's deals at 0.8176.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.