Germany's GfK consumer sentiment survey results for August are due to be released in the pre-European session on Wednesday at 2:00 am ET. The forward-looking consumer sentiment index is seen falling to 9.9 in August from 10.1 in July.

Ahead of the data, the euro held steady against its major rivals.

As of 1:55 am ET, the euro was trading at 0.8372 against the pound, 1.0906 against the Swiss franc, 1.0995 against the U.S. dollar and 116.09 against the yen.

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