The Automatic Data Processing has released private sector payrolls report for October at 8:15 am ET Wednesday. The greenback recovered from early lows against its major rivals following the data.

The greenback was trading at 1.5403 against the pound, 121.23 against the yen, 0.9898 against the franc and 1.0922 against the euro around 8:17 am ET.

At 8:30 am ET, U.S. trade data for September is due.

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