At 8:30 am ET Wednesday, U.S. consumer inflation for October is due. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback dropped against the euro, the pound and the franc, it held steady against the yen.

The greenback was worth 1.1295 against the euro, 113.92 against the yen, 1.0089 against the franc and 1.2970 against the pound as of 8:25 am ET.

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