The Commerce Department is due to release U.S. durable goods orders at 8:30 am ET Monday. Economists expect the durable goods orders to rise to 3.2 percent in June, while core orders may have risen by 0.5 percent.

Ahead of the data, the greenback traded mixed against its major rivals. While the greenback fell against the yen, it held steady against the pound. Against the euro and the franc, the greenback recovered from its early lows.

The greenback was worth 1.1060 against the euro, 123.19 against the yen, 0.9580 against the franc and 1.5513 against the pound as of 8:25 am ET.

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