U.S. wholesale inventories report for July is due at 10 am ET Wednesday. Economists expect wholesale inventories at the end of July to show a 0.4 percent increase compared to a 0.2 percent drop in June.
Ahead of the data, the greenback was up against the yen, but held steady against the rest of major currencies.
At 9:55 am ET, greenback was worth 0.9377 against the franc, 77.96 against the yen, 1.6090 against the pound and 1.2892 against the euro.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.