The Commerce Department is due to release U.S. factory orders data for June at 10:00 am ET Tuesday. Economists expect the orders to rise to 1.7 percent, after tumbling 1.0 percent last month.

The greenback recovered from early lows against its major rivals ahead of the data. The greenback was worth 1.0965 against the euro, 124.07 against the yen, 0.9709 against the franc and 1.5600 against the pound as of 9:55 am ET.

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