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US Dollar Rises Early Thursday Ahead of Weekly Jobless Claims, May Producer Prices
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US Dollar Rises Early Thursday Ahead of Weekly Jobless Claims, May Producer Prices
Jun 11, 2026 5:04 AM

07:34 AM EDT, 06/11/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Thursday, except for a decline against the yen, ahead of the release of weekly jobless claims and May producer price data, both at 8:30 am ET.

Weekly natural gas stocks are due to be released at 10:30 am ET.

A quick summary of foreign exchange activity heading into Thursday:

EUR/USD fell to 1.1533 from 1.1542 at the Wednesday US close and 1.1552 at the same time Wednesday morning. The European Central Bank is expected to raise its policy rate by 25 basis points when it releases its statement at 8:15 am ET. There are no Eurozone data on Thursday's schedule.

GBP/USD fell to 1.3365 from 1.3373 at the Wednesday US close and 1.3392 at the same time Wednesday morning. UK consumer sentiment increased in June, according to data released earlier Thursday. The next Bank of England meeting is scheduled for June 18.

USD/JPY fell to 160.5264 from 160.5385 at the Wednesday US close but was above a level of 160.5023 at the same time Wednesday morning. Japanese manufacturing sentiment turned lower in Q2, according to data released overnight. The next Bank of Japan meeting is scheduled for June 15-16.

USD/CAD rose to 1.3975 from 1.3944 at the Wednesday US close and 1.3930 at the same time Wednesday morning. The Bank of Canada held its policy rate steady at its meeting on Wednesday, as expected, but said it is prepared to act as needed. The next Bank of Canada meeting is scheduled for July 15. Canadian building permits data for April are due to be released at 8:30 am ET.

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