The Commerce Department is scheduled to release its durable goods orders report for June at 8:30 am ET Wednesday. Economists expect durable goods orders to have fallen 1.3 percent month-over-month, while excluding transportation, orders may have been up a modest 0.3 percent.

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

The greenback was worth 1.0993 against the euro, 1.3099 against the pound, 105.72 against the yen and 0.9943 against the franc as of 8:25 am ET.

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