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US Dollar Rises Early Monday, Focus on Inflation, Retail Sales Data This Week
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US Dollar Rises Early Monday, Focus on Inflation, Retail Sales Data This Week
Aug 11, 2025 5:05 AM

07:37 AM EDT, 08/11/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Monday as markets look ahead to inflation and retail sales data for July this week.

There are no US data scheduled for release Monday, but surprise appearances by Federal Reserve officials on television networks are possible.

Consumer price index data for July will be the main release Tuesday, along with the National Federation of Independent Business' small business sentiment reading for July, weekly Redbook same-store sales and the Treasury's budget report for July.

Weekly mortgage application and crude oil stock inventories reports are expected Wednesday.

Producer price index data for July are to be released Thursday, along with weekly jobless claims and natural gas stocks inventory data.

Friday's schedule will be the busiest of the week, highlighted by retail sales, import and export and industrial production data for July and manufacturing and consumer sentiment data for August.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD fell slightly to 1.1641 from 1.1642 at the Friday US close and 1.1643 at the same time Friday morning. There are no Eurozone data on Monday's schedule. The next European Central Bank meeting is scheduled for Sept. 11.

GBP/USD fell to 1.3439 from 1.3448 at the Friday US close and 1.3440 at the same time Friday morning. There are no UK data on Monday's schedule. The next Bank of England meeting is scheduled for Sept. 18.

USD/JPY rose to 147.7971 from 147.7803 at the Friday US close and 147.7892 at the same time Friday morning. Monday is a holiday in Japan, so there were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for Sept. 18-19.

USD/CAD rose to 1.3776 from 1.3757 at the Friday US close and 1.3732 at the same time Friday morning. There are no Canadian data on Monday's schedule. The next Bank of Canada meeting is scheduled for Sept. 17.

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