The Labor Department's import and export prices for April will be issued at 8.30 am ET Wednesday. The economist are looking for import and export prices consensus of 0.1 percent.

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

The greenback was worth 1.0878 against the euro, 113.88 against the yen, 1.2953 against the pound and 1.0063 against the franc as of 8:25 am ET.

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