07:34 AM EDT, 03/13/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Wednesday, except for a small decline against the euro, at the start of a quiet day before several key data releases on Thursday and Friday.

Earlier Wednesday, the Mortgage Bankers Association said a drop in mortgage rates below 7% lifted mortgage applications in the week ended March 8.

Weekly energy stocks data are set to be released at 8:55 am ET.

Quiet period for Fed officials continues until after the March 19-20 Federal Open Market Committee meeting.

A quick summary of foreign exchange activity heading into Wednesday:

EUR-USD rose to 1.0931 from 1.0927 at Tuesday's US close but down from 1.0933 at the same time Tuesday morning. Eurozone industrial production fell in January and was down from a year ago, data released earlier Wednesday showed. The next ECB meeting is scheduled for April 11.

GBP-USD fell to 1.2791 from 1.2794 at the Tuesday US close and 1.2798 at the same time Tuesday morning. UK GDP rebounded in January from a decline in December but was still below the year-ago level, data released overnight showed. The next Bank of England meeting is scheduled for March 21.

USD-JPY rose to 147.9188 from 147.6614 at the Tuesday US close and 147.3706 at the same time Tuesday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is set for March 18-19.

USD-CAD rose slightly to 1.3492 from 1.3491 at Tuesday US close and 1.3475 at the same time Tuesday morning. Canadian consumer sentiment data for March are scheduled to be released at 11:00 am ET. The next Bank of Canada monetary policy meeting is set for April 10.