At 2:00 am ET Wednesday, Germany's market research group GfK is scheduled to release consumer confidence data for June. The forward-looking consumer sentiment index is seen falling to 10 in June from 10.1 in May.

Ahead of the data, the Euro rose against its major rivals.

As of 1:55 am ET, the Euro was trading at 0.7075 against the Pound, 1.0358 against the Swiss franc, 1.0905 against the U.S. dollar and 134.03 against the Yen.

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