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The Labor Department will release the U.S. consumer price index for December at 8:30 am ET Tuesday.
Ahead of the data, the greenback traded mixed against its major rivals. While the greenback was trading higher against the yen and euro, it held steady against the franc and the pound.
The greenback was worth 1.2979 against the pound, 110.10 against the yen, 0.9692 against the franc and 1.1107 against the euro as of 8:25 am ET.