EUR/USD
EUR/USD rose slightly on Wednesday halting a three-day losing streak, amid mixed economic data in the US ahead of Friday's critical jobs report for the month of July. The currency pair traded between a range of 1.0850 and 1.0930 during Wednesday's session before settling at 1.0905, up 0.20% for the session.
GBP/USD
The pound held on to modest gains against the dollar on Wednesday after data showing that growth in the U.K. service sector slowed more than expected last month, indicating that the economic recovery may be losing momentum. The Markit UK services purchasing managers' index fell to 57.4 in July from 58.5 in June, compared to expectations for a reading of 58.0. GBP/USD was 0.10% higher at 1.5575 from around 1.5590 ahead of the data.
USD/JPY
The dollar rose to two-month highs against the yen on Wednesday after data showing that activity in the US service sector expanded at the fastest rate in ten years last month, bolstering the outlook for higher interest rates. USD/JPY was up 0.40% to 124.90, the most since June 8 from around 124.25 ahead of the data.