US Dollar Rises Early Monday; Focus on Inflation, Retail Sales This Week

07:43 AM EDT, 10/12/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Monday ahead of a busy week, with the focus on inflation and retail sales data for September at the end of the week. In addition, the International Monetary Fund's fall meeting will be taking place all week. Due to Monday's government holiday, there are no data on the schedule. Tuesday's highlights include small business sentiment data, existing home sales data, and the monthly Treasury budget, all for September. Wednesday's consumer price data for September and the Federal Reserve's Beige Book are the main releases in the middle of the week. Thursday's extremely busy data schedule includes weekly jobless claims, producer prices and retail sales for September, the first look at manufacturing data for October, and an appearance by Fed Chairman Kevin Warsh late in the evening. Import and export prices and industrial production data for September and services data for October are due to be released on Friday. A quick summary of foreign exchange activity heading into Monday: EUR/USD fell to 1.1175 from 1.1202 at the Friday US close and 1.1213 at the same time Friday morning. There are no Eurozone data on Monday's schedule. The next European Central Bank meeting is scheduled for Oct. 29. GBP/USD fell to 1.3231 from 1.3241 at the Friday US close and 1.3232 at the same time Friday morning. There are no UK data on Monday's schedule. The next Bank of England meeting is scheduled for Nov. 5. USD/JPY rose to 158.6221 from 158.2452 at the Friday US close and 158.2652 at the same time Friday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for Oct. 30. USD/CAD rose to 1.4267 from 1.4263 at the Friday US close and 1.4227 at the same time Friday morning. There are no Canadian data on Monday's schedule. The next Bank of Canada meeting is scheduled for Oct. 28.