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US Dollar Rises Early Friday Ahead of GDP, Personal Income, Durable Goods

BY MT Newswires | ECONOMIC | 03/13/26 07:35 AM EDT

07:35 AM EDT, 03/13/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Friday ahead of the release of revised Q4 gross domestic product and personal income, spending and durable goods data for January, all at 8:30 am ET.

The preliminary University of Michigan consumer sentiment reading for March and job openings data for January are both due to be released at 10:00 am ET, followed by updates to the Atlanta and St. Louis Federal Reserve's GDP Nowcast readings for Q1 around midday.

A quick summary of foreign exchange activity heading into Friday:

EUR/USD fell to 1.1461 from 1.1516 at the Thursday US close and 1.1558 at the same time Thursday morning. Eurozone industrial production declined in January, according to data released earlier Friday. The next European Central Bank meeting is scheduled for March 19.

GBP/USD fell to 1.3252 from 1.3348 at the Thursday US close and 1.3394 at the same time Thursday morning. UK GDP did not grow in January after a small increase in the previous month, but the year-over-year growth rate accelerated modestly, according to data released earlier Friday. The next Bank of England meeting is scheduled for March 19.

USD/JPY rose to 159.4239 from 159.3770 at the Thursday US close and 158.7011 at the same time Thursday morning. Japanese consumer sentiment rose in March according to data released overnight. The next Bank of Japan meeting is scheduled for March 18-19.

USD/CAD rose to 1.3677 from 1.3628 at the Thursday US close and 1.3588 at the same time Thursday morning. Canadian employment data for February are 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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