The Federal Housing Finance Agency's House Price Index for July is expected at 9.00 am ET Thursday. The forecasters are looking for growth of 0.4 percent, while it grew 0.1 percent in the previous month

Ahead of the data, the greenback came off from its early highs against its major rivals.

The greenback was worth 112.39 against the yen, 0.9716 against the franc, 1.3504 against the pound and 1.1915 against the euro as of 8:55 am ET.

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