US Dollar Falls Early Thursday Ahead of Busy Economic Data Schedule, Warsh

07:42 AM EDT, 10/15/2026 (MT Newswires) -- The US dollar fell against its major trading partners early Thursday ahead of a busy schedule of economic data releases, starting with weekly jobless claims, producer price and retail sales data for September, and regional manufacturing data from the New York and Philadelphia Federal Reserve banks, all at 8:30 am ET. Business inventories data for August are due to be released at 10:00 am ET, followed by weekly natural gas stocks data at 10:30 am ET, weekly crude oil stocks data at 12:00 pm ET and an update to the Atlanta Fed's GDP nowcast estimate for Q3 around midday. Fed Chairman Kevin Warsh is due to speak at 11:30 pm ET Thursday evening in a live discussion at IMF annual meetings in Bangkok. A quick summary of foreign exchange activity heading into Thursday: EUR/USD rose to 1.1219 from 1.1155 at the Wednesday US close and 1.1193 at the same time Wednesday morning. Eurozone industrial production declined more than expected in August, according to data released earlier Thursday. The next European Central Bank meeting is scheduled for Oct. 29. GBP/USD rose to 1.3259 from 1.3189 at the Wednesday US close but was below a level of 1.3263 at the same time Wednesday morning. UK GDP rose modestly in August, lifting the year-over-year rate, while UK consumer sentiment declined in October, data released earlier Thursday showed. The next Bank of England meeting is scheduled for Nov. 5. USD/JPY fell to 157.8411 from 158.3631 at the Wednesday US close and 158.4442 at the same time Wednesday morning. Japanese core machinery orders rebounded in August after falling in the previous month, while Japanese industrial production declined faster than expected in August, data released overnight showed. The next Bank of Japan meeting is scheduled for Oct. 30. USD/CAD fell to 1.4197 from 1.4243 at the Wednesday US close and 1.4214 at the same time Wednesday morning. Canadian wholesale sales, manufacturing sales, capacity utilization, and new motor vehicle sales, all for August, are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for Oct. 28.