US Dollar Falls Early Thursday Ahead of Jobless Claims, Existing-Homes Sales Data

BY MT Newswires | ECONOMIC | 02/12/26 07:51 AM EST

07:51 AM EST, 02/12/2026 (MT Newswires) -- The US dollar fell against its major trading partners early Thursday, except for an increase versus the yen, ahead of the release of weekly jobless claims at 8:30 am ET and existing-home sales data for January at 10:00 am ET.

Weekly natural gas stocks inventory data are due to be released at 10:30 am ET and Dallas Fed President Lorie Logan is due to speak at 7:00 pm ET in a conversation with Federal Reserve Governor Stephen Miran.

A quick summary of foreign exchange activity heading into Thursday:

EUR/USD rose to 1.1885 from 1.1871 at the Wednesday US close but was below a level of 1.1905 at the same time Wednesday morning. There are no Eurozone data on Thursday's schedule, but European Central Bank policy board member Philip Lane is due to speak at 1:30 pm ET. The next European Central Bank meeting is scheduled for March 19.

GBP/USD rose to 1.3648 from 1.3622 at the Wednesday US close but was below a level of 1.3687 at the same time Wednesday morning. UK gross domestic product growth slowed in December, lowering the year-over-year growth rate for Q4, while UK consumer sentiment declined slightly in February, according to data released earlier Thursday. The next Bank of England meeting is scheduled for March 19.

USD/JPY rose to 153.4703 from 153.2316 at the Wednesday US close but was below a level of 153.5596 at the same time Wednesday morning. Japanese producer price growth accelerated in January, but the year-over-year rate slowed, according to data released overnight. The next Bank of Japan meeting is scheduled for March 18-19.

USD/CAD fell to 1.3560 from 1.3573 at the Wednesday US close but was above a level of 1.3546 at the same time Wednesday morning. There are no Canadian data on Thursday's schedule, but Bank of Canada Senior Deputy Governor Carolyn Rogers is due to speak at 8:45 am ET. The next Bank of Canada meeting is scheduled for March 18.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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