The Labor Department will release its report on export and import prices for February at 8:30 am ET Friday. Economists expect import prices to have declined by 0.8 percent month-over-month, while export prices may have fallen by a more modest 0.5 percent.

Ahead of the data, the greenback traded mixed against its major rivals. While the greenback eased against the yen and the franc, it held steady against the euro and the pound.

The greenback was trading at 1.1104 against the euro, 1.4296 against the pound, 113.67 against the yen and 0.9853 against the franc as of 8:25 am ET.

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