financetom
Economy
financetom
/
Economy
/
US Dollar Rises Early Thursday Ahead of Consumer Prices, Jobless Claims
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Dollar Rises Early Thursday Ahead of Consumer Prices, Jobless Claims
Sep 11, 2025 4:54 AM

07:41 AM EDT, 09/11/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Thursday ahead of the release of consumer price data for August and weekly jobless claims, both at 8:30 am ET.

The weekly natural gas stocks report is due out at 10:30 am ET and the US Treasury is expected to issue its monthly budget report for August at 2:00 pm ET.

A quick summary of foreign exchange activity heading into Thursday:

EUR/USD fell to 1.1685 from 1.1700 at the Wednesday US close and 1.1702 at the same time Wednesday morning. The European Central Bank is expected to hold its key policy rate steady when its statement is released at 8:15 am ET. There are no Eurozone data releases on Thursday's schedule.

GBP/USD fell to 1.3517 from 1.3531 at the Wednesday US close and 1.3536 at the same time Wednesday morning. UK consumer sentiment declined in September according to data released earlier Thursday. The next Bank of England meeting is scheduled for Sept. 18.

USD/JPY rose to 147.9454 from 147.4159 at the Wednesday US close and 147.5131 at the same time Wednesday morning. Japanese producer prices declined in August, according to data released overnight, but the year-over-year rate accelerated. The next Bank of Japan meeting is scheduled for Sept. 18-19.

USD/CAD rose to 1.3878 from 1.3864 at the Wednesday US close and 1.3858 at the same time Wednesday morning. There are no Canadian data on Thursday's schedule. The next Bank of Canada meeting is scheduled for Sept. 17.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K
Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K
Feb 12, 2025
U.S. inflation unexpectedly marched higher in January, sending crypto and traditional markets sharply lower. The closely-watched Consumer Price Index (CPI) rose 0.5% in January versus an expected 0.3% and December's 0.4% pace. On a year-over-year basis, CPI was higher by 3.0% against forecasts for 2.9% and 2.9% in December. The so-called core CPI, which excludes food and energy costs, rose...
Hot Jan US CPI surprise hurts case for Fed ease soon
Hot Jan US CPI surprise hurts case for Fed ease soon
Feb 12, 2025
(Reuters) - The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy. The CPI jumped 0.5% last month after gaining 0.4% in December, the Labor said on Wednesday. In the 12 months through January, it increased 3.0%...
Trump says lower interest rates would go hand-in-hand with tariffs
Trump says lower interest rates would go hand-in-hand with tariffs
Feb 12, 2025
(Reuters) - President Donald Trump on Wednesday said that interest rates should be lowered and that would go hand in hand with his upcoming tariffs, despite economists' expectations that tariffs would fuel inflation and postpone rate cuts. Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% without exceptions or exemptions in a move he...
Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely
Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely
Feb 11, 2025
A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin (BTC). But those expecting bullish fireworks may be disappointed. The Labor Department will publish January's consumer price index (CPI) report on Wednesday at 13:30 UTC. It's expected to show that the cost of living increased by 0.3% month-on-month in January, slowing down from December's...
Copyright 2023-2025 - www.financetom.com All Rights Reserved