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US Dollar Mixed Early Wednesday Ahead of Durable Goods, Jobless Claims Data

BY MT Newswires | ECONOMIC | 11/26/25 07:51 AM EST

07:51 AM EST, 11/26/2025 (MT Newswires) -- The US dollar was mixed against its major trading partners early Wednesday -- up versus the pound and the yen, down versus the euro and Canadian dollar -- ahead of another busy day of economic releases before Thursday's Thanksgiving Day holiday.

Delayed durable goods orders for September and weekly jobless claims are due to be released at 8:30 am ET, followed by weekly petroleum stocks inventory data at 10:30 am ET and weekly natural gas stocks inventory data at 12:00 pm ET.

The Federal Reserve is due to release its Beige Book report of economic conditions at 2:00 pm ET.

Earlier Wednesday, the Mortgage Bankers Association said mortgage applications ticked slightly higher in the week ended Nov. 21, with the increase in new purchase applications more than offsetting lower refinancing applications. MBA said the average 30-year mortgage rate rose to its highest level since early-October.

A quick summary of foreign exchange activity heading into Wednesday:

EUR/USD rose to 1.1571 from 1.1565 at the Tuesday US close and 1.1527 at the same time Tuesday morning. There are no Eurozone data on Wednesday's schedule, but European Central Bank policy board member Philip Lane is due to speak at 11:05 am ET, followed by ECB President Christine Lagarde at 12:00 pm ET. The next European Central Bank meeting is scheduled for Dec. 18.

GBP/USD fell to 1.3131 from 1.3162 at the Tuesday US close but was above a level of 1.3110 at the same time Tuesday morning. There are no UK data on Wednesday's schedule. The next Bank of England meeting is scheduled for Dec. 18.

USD/JPY rose to 156.5500 from 156.1146 at the Tuesday US close and 156.4529 at the same time Tuesday morning. The Japanese leading index rose in September while growth in Japanese corporate services prices slowed in October, according to data released overnight. The next Bank of Japan meeting is scheduled for Dec. 18-19.

USD/CAD fell to 1.4091 from 1.4101 at the Tuesday US close and 1.4122 at same time Tuesday morning. There are no Canadian data on Wednesday's schedule. The next Bank of Canada meeting is scheduled for Dec. 10.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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