US Dollar Mixed Early Thursday Ahead of Full Day of Economic Data Releases, Federal Reserve Speakers

BY MT Newswires | ECONOMIC | 02/19/26 07:51 AM EST

07:51 AM EST, 02/19/2026 (MT Newswires) -- The US dollar was mixed against its major trading partners early Thursday -- up versus the euro and pound, down versus the yen and Canadian dollar -- ahead of a full day of economic data releases and appearances by Federal Reserve officials.

Atlanta Fed President Raphael Bostic is due to speak at 8:20 am ET, followed by weekly jobless claims, the Philadelphia Fed's manufacturing index for February, international trade data for December, advance retail and wholesale inventory data for December and an appearance by Fed Governor Michelle Bowman, all at 8:30 am ET.

Minneapolis Fed President Neel Kashkari is due to speak at 9:00 am ET. Pending home sales data for January and leading indicators data for December are due to be released at 10:00 am ET.

Weekly natural gas stocks inventory data are due at 10:30 am ET, at the same time as an appearance by Chicago Fed President Austan Goolsbee.

The Atlanta Fed is expected to release its gross domestic product Nowcast update for Q4 around midday and weekly petroleum stocks inventory data are expected to be released at 12:00 pm ET.

San Francisco Fed President Mary Daly is set to speak at 5:05 pm ET.

A quick summary of foreign exchange activity heading into Thursday:

EUR/USD fell to 1.1777 from 1.1783 at the Wednesday US close and 1.1836 at the same time Wednesday morning. The Eurozone current account surplus widened in December while construction output rebounded in the same month. Eurozone consumer confidence data for February are due to be released at 10:00 am ET and European Central Bank President Christine Lagarde is due to speak at 7:00 pm ET. The next European Central Bank meeting is scheduled for March 19.

GBP/USD fell to 1.3461 from 1.3499 at the Wednesday US close and 1.3573 at the same time Wednesday morning. UK manufacturing expectations improved modestly in February but still indicate more pessimism than optimism. The next Bank of England meeting is scheduled for March 19.

USD/JPY fell to 154.6347 from 154.8307 at the Wednesday US close but was above a level of 153.7757 at the same time Wednesday morning. Japanese core machinery orders rebounded sharply in December after a decline in November. The next Bank of Japan meeting is scheduled for March 18-19.

USD/CAD fell to 1.3689 from 1.3698 at the Wednesday US close but was above a level of 1.3642 at the same time Wednesday morning. Canadian trade data for December and home price data for January are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for March 18.

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