The U.S. business inventories report for December is slated for release at 10:00 am ET Thursday. Ahead of the release of the report, the U.S. dollar showed an uptrend against the franc, the euro and the pound. However, the dollar traded in a narrow range against the yen .
At 9:55 am ET, the dollar traded at 1.5600 against the pound, 1.3651 against the euro, 1.0743 against the franc and 89.74 against the yen.
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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.