The euro spiked up against most major currencies in early European deals on Tuesday.
The euro hit near a 4-month high of 1.3393 against the greenback, recovering from a low of 1.3325 hit at 2:30 am ET.
The euro climbed to 4-day high of 127.53 against the yen, reversing from last week's 2-month low of 124.96.
The single currency firmed to a 5-day high of 0.8540 against the pound. The euro may eye next upside target level around 0.86.
German June economic sentiment survey results from the Center for European Economic Research is expected at 5:00 am ET.
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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.