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US Dollar Falls Early Tuesday Ahead of Existing Home Sales, Treasury Budget

US Dollar Falls Early Tuesday Ahead of Existing Home Sales, Treasury Budget

MT newswireMT newswire2026/10/13 11:34
07:34 AM EDT, 10/13/2026 (MT Newswires) -- The US dollar fell against its major trading partners early Tuesday ahead of September existing home sales data at 10:00 am ET and the US Treasury's September budget estimate at 2:00 pm ET. The National Federation of Independent Business reported earlier Tuesday that small business optimism declined further in September, led by a downturn in expansion plans. A quick summary of foreign exchange activity heading into Tuesday: EUR/USD rose to 1.1188 from 1.1154 at the Monday US close and 1.1175 at the same time Monday morning. No Eurozone data is on Tuesday's schedule, but European Central Bank President Christine Lagarde is due to speak at 10:10 pm ET Tuesday evening. The next European Central Bank meeting is scheduled for Oct. 29. GBP/USD rose to 1.3243 from 1.3205 at the Monday US close and 1.3232 at the same time Monday morning. There are no UK data on Tuesday's schedule. The next Bank of England meeting is scheduled for Nov. 5. USD/JPY fell to 158.0891 from 158.6431 at the Monday US close and 158.6222 at the same time Monday morning. Japanese producer prices declined in September, slowing the year-over-year rate, according to data released overnight. The next Bank of Japan meeting is scheduled for Oct. 30. USD/CAD fell to 1.4257 from 1.4286 at the Monday US close and 1.4266 at the same time Monday morning. There are no Canadian data on Tuesday's schedule. The next Bank of Canada meeting is scheduled for Oct. 28.
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