The Commerce Department's new home sales for April will be published at 10:00 am ET Tuesday. The consensus for new home sales is 610,000, down from 621,000 last month.

Ahead of the data, the greenback held steady against its major rivals.

The greenback was worth 111.13 against the yen, 0.9717 against the franc, 1.1232 against the euro and 1.2989 against the pound as of 9:55 am ET.

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