US Dollar Mixed Early Wednesday Ahead of Jobless Claims, Energy Stocks Inventory Data
BY MT Newswires | ECONOMIC | 12/31/25 07:30 AM EST07:30 AM EST, 12/31/2025 (MT Newswires) -- The US dollar was mixed against its major trading partners early Wednesday -- up versus the pound and yen, down versus the euro and Canadian dollar -- ahead of a light data schedule that leads into the New Year's Day holiday on Thursday.
Weekly initial jobless claims data are due to be released at 8:30 am ET, followed by weekly oil stocks inventory data at 10:30 am ET and weekly natural gas stocks inventory data at 12:00 pm ET.
A quick summary of foreign exchange activity heading into Wednesday:
EUR/USD rose to 1.1749 from 1.1747 at the Tuesday US close but was below a level of 1.1763 at the same time Tuesday morning. There are no Eurozone data on Wednesday's schedule. The next European Central Bank meeting is scheduled for Feb. 5.
GBP/USD fell to 1.3453 from 1.3463 at the Tuesday US close and 1.3500 at the same time Tuesday morning. There are no UK data on Wednesday's schedule. The next Bank of England meeting is scheduled for Feb. 5.
USD/JPY rose to 156.6139 from 156.4889 at the Tuesday US close and 155.9474 at the same time Tuesday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for Jan. 23.
USD/CAD fell to 1.3696 from 1.3699 at the Tuesday US close and 1.3700 at the same time Tuesday morning. There are no Canadian data on Tuesday's schedule. The next Bank of Canada meeting is scheduled for Jan. 28.
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