Early on Wednesday morning in Europe, disappointing Chinese activity statistics weighed on risk sentiment as the Federal Reserve's most recent meeting's minutes were about to be released. This caused the U.S. dollar to nudge higher.

The dollar index that gauges the greenback versus its major pairs added 0.1% at 102.800.

Due to its role as a safe haven, the dollar gained strength earlier on Wednesday when a private poll revealed that China's services sector rose at the weakest rate in five months in June, the most recent indication of a shaky post-pandemic recovery in the second-largest economy in the world.

EUR/USD steadied at 1.0878, in advance of the publication of the June services and composite PMI statistics for the euro zone, which are anticipated to indicate a weakening in what has been a consumption-led economic upswing.

GBP/USD slipped 0.1% to 1.2703, before the release of June’s U.K. services PMI figures.

USD/JPY advanced 0.2% to 144.69, remains trading below the 145 mark, which prompted Japanese government intervention last autumn.