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At 8:30 am ET Wednesday, U.S. consumer inflation for July is due. Ahead of the data, the greenback retreated from its early highs against its major rivals.

The greenback was worth 110.68 against the yen, 1.1718 against the euro, 1.3836 against the pound and 0.9232 against the franc as of 8:25 am ET.


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