US Dollar Rises Early Friday Ahead of Release of January Consumer Price Index Data
BY MT Newswires | ECONOMIC | 02/13/26 07:38 AM EST07:38 AM EST, 02/13/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Friday ahead of the release of consumer price index data for January at 8:30 am ET, when both overall prices and core prices, which exclude food and energy, are forecast to rise by 0.3%.
The only other data expected on Friday is an update to the St. Louis Federal Reserve's gross domestic product Nowcast estimate around midday.
A quick summary of foreign exchange activity heading into Friday:
EUR/USD fell to 1.1860 from 1.1870 at the Thursday US close and 1.1885 at the same time Thursday morning. Eurozone GDP rose at the same rate in Q4 as in the previous quarter, but the year-over-year rate slowed, data released earlier Friday showed. The next European Central Bank meeting is scheduled for March 19.
GBP/USD fell to 1.3602 from 1.3622 at the Thursday US close and 1.3649 at the same time Thursday morning. There are no UK data on Friday's schedule. The next Bank of England meeting is scheduled for March 19.
USD/JPY rose to 153.3860 from 152.7030 at the Thursday US close but was below a level of 153.4491 at the same time Thursday morning. Japanese consumer sentiment fell slightly in February, according to data released overnight. The next Bank of Japan meeting is scheduled for March 18-19.
USD/CAD rose to 1.3621 from 1.3614 at the Thursday US close and 1.3561 at the same time Thursday morning. There are no Canadian data on Friday's schedule. The next Bank of Canada meeting is scheduled for March 18.
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