At 8:30 am ET Wednesday, the Labor Department will release U.S. import and export prices for December. Ahead of the data, the greenback held steady against its major rivals.

The greenback was worth 1.1392 against the euro, 1.2859 against the pound, 108.79 against the yen and 0.9892 against the franc as of 8:25 am ET.

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