U.S. consumer prices and retail sales for October are due at 8.30 am ET Wednesday. The index is expected to rise 0.1 percent on month, compared to a 0.5 percent increase in September.

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

The greenback was worth 112.68 against the yen, 0.9864 against the franc, 1.1836 against the euro and 1.3172 against the pound as of 8:25 am ET.

Grafico Cross Sterling vs US Dollar (FX:GBPUSD)

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Grafico Cross Sterling vs US Dollar (FX:GBPUSD)

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