Following the release of ADP private payrolls data for February at 8.15 am ET Wednesday, the greenback rose slightly against its major rivals.

The greenback was trading at 1.2409 against the euro, 105.88 against the yen, 0.9408 against the franc and 1.3861 against the pound around 8:19 am ET.

At 8:30 am ET, U.S. trade data for January is due. Economists expect the trade deficit to widen to $55.0 billion from $53.1 billion last month.

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