At 8.30 am ET Wednesday, U.S Consumer Price Index for January, Retail sales data for January and Empire State Manufacturing data for February are due. Consumer price is expected to remain at 0.3 percent month-over-month. Retail sales is expected to fall to 0.1 percent in January, from 0.6 percent in December.
Ahead of these data, the U.S.dollar rose against its major rivals.
The greenback was worth 1.0552 against the euro, 1.2418 against the pound, 1.0091 against the franc and 114.50 against the yen as of 8:28 am ET.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.