The U.S. Bureau of Economic Analysis is due to release its personal income & spending report for January at 8:30 am ET Monday. Ahead of the report, the U.S. dollar declined against other major currencies. At 8:25 am ET, the U.S. dollar traded at 90.31 against the yen, 1.0585 against the Swiss franc, 1.3915 against the euro and 1.5909 against the pound.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.