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US Dollar Rises Early Thursday Ahead of Jobless Claims, Natural Gas Stocks, Kansas City Fed Manufacturing

BY MT Newswires | ECONOMIC | 02/26/26 07:44 AM EST

07:44 AM EST, 02/26/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Thursday, except for a decline versus the yen, ahead of the release of weekly jobless claims data at 8:30 am ET.

Federal Reserve Vice Chair for Supervision Michelle Bowman is due to speak at 10:00 am ET, followed by weekly natural gas stocks inventory data at 10:30 am ET.

The Kansas City Fed's manufacturing reading for February is due to be released at 11:00 am ET.

A quick summary of foreign exchange activity heading into Thursday:

EUR/USD fell to 1.1801 from 1.1806 at the Wednesday US close but was above a level of 1.1774 at the same time Wednesday morning. Eurozone consumer confidence rose slightly in February but remained negative, according to data released earlier Thursday. European Central Bank President Christine Lagarde said overnight she expects inflation to stabilize near the ECB's 2% target in the medium term. The next European Central Bank meeting is scheduled for March 19.

GBP/USD fell to 1.3537 from 1.3553 at the Wednesday US close but was above a level of 1.3505 at the same time Wednesday morning. There are no UK data on Thursday's schedule. The next Bank of England meeting is scheduled for March 19.

USD/JPY fell to 156.0045 from 156.4408 at the Wednesday US close and 156.7003 at the same time Wednesday morning. The Japanese leading index rose more than expected in December, according to data released overnight. The next Bank of Japan meeting is scheduled for March 18-19.

USD/CAD rose to 1.3684 from 1.3681 at the Wednesday US close but was below a level of 1.3697 at the same time Wednesday morning. The Canadian current account deficit for Q4, Canadian wholesale sales data for January and Canadian average weekly earnings data for December are all due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for March 18.

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

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