US Dollar Mixed Early Thursday Ahead of Jobless Claims, Housing Starts, Philadelphia Fed Manufacturing
07:49 AM EDT, 09/17/2026 (MT Newswires) -- The US dollar was mixed against its major trading partners early Thursday -- up versus the pound and Canadian dollar, down versus euro and yen -- before the release of weekly jobless claims data, housing starts for August and the Philadelphia Federal Reserve's manufacturing reading for September, all at 8:30 am ET. Pending home sales data for August are due to be released at 10:00 am ET, followed by weekly natural gas stocks data at 10:30 am ET and an update to the Atlanta Fed's GDP nowcast estimate around midday. The Federal Open Market Committee voted 12-0 to raise the target range for the federal funds rate by 25 basis points to 3.75% to 4.00% at its meeting on Wednesday and suggested further increases are possible. A quick summary of foreign exchange activity heading into Thursday: EUR/USD rose to 1.1474 from 1.1467 at the Wednesday US close but was below a level of 1.1540 at the same time Wednesday morning. Eurozone consumer price growth accelerated in August, though the year-over-year rate was slower than expected and the core rate actually decelerated, according to data released earlier Thursday. The next European Central Bank meeting is scheduled for Oct. 29. GBP/USD fell to 1.3354 from 1.3381 at the Wednesday US close and 1.3465 at the same time Wednesday morning. The pound was trending higher Thursday morning before the Bank of England's decision to hold its target rate steady was announced. The next Bank of England meeting is scheduled for Nov. 5. There are no UK data on Thursday's schedule. USD/JPY fell to 155.8341 from 156.2651 at the Wednesday US close but was above a level of 155.0362 at the same time Wednesday morning. There were no Japanese data released overnight. The Bank of Japan is expected to raise its policy rate by 25-basis points when its post-meeting announcement is released after 10:30 pm ET Thursday evening. USD/CAD rose to 1.3996 from 1.3989 at the Wednesday US close and 1.3938 at the same time Wednesday morning. Canadian industrial product and raw materials prices for August and securities purchases data for July are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for Oct. 28.
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