At 8.30 am ET Wednesday, U.S. CPI for July is set for release. Ahead of the data, the greenback dropped against its major counterparts.

The greenback was worth 134.86 against the yen, 1.0256 against the euro, 1.2119 against the pound and 0.9481 against the franc as of 8:25 am ET.

Euro vs US Dollar (FX:EURUSD)
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Euro vs US Dollar (FX:EURUSD)
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