At 8:30 am ET Tuesday, the U.S. Department of Commerce releases the second estimate of GDP data for the third quarter. The economic growth is expected to be revised slightly upwards to 3 percent, from the earlier estimate of 2.9 percent.

Ahead of the data, the greenback traded mixed against its major rivals. While the greenback held steady against the pound, it advanced against the rest of major counterparts.

The greenback was worth 1.0581 against the euro, 113.01 against the yen, 1.0163 against the Swiss franc and 1.2480 against the pound as of 8:25 am ET.

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