-- The US dollar was mixed against its major trading partners early Thursday -- up versus the yen and Canadian dollar, down versus the euro and pound -- ahead of a busy day of data releases, starting with weekly jobless claims, the third estimate of Q4 GDP, and personal income, spending and price data, all at 8:30 am ET.
Wholesale inventory data for February is due to be released at 10:00 am ET, followed by weekly natural gas stocks data at 10:30 am ET. The Atlanta Federal Reserve's GDP nowcast estimate for Q1 is expected to be updated around midday.
A quick summary of foreign exchange activity heading into Thursday:
EUR/USD rose to 1.1674 from 1.1669 at the Wednesday US close but was below a level of 1.1691 at the same time Wednesday morning. There are no Eurozone data on Thursday's schedule. The next European Central Bank meeting is scheduled for April 30.
GBP/USD rose to 1.3405 from 1.3401 at the Wednesday US close but was below a level of 1.3446 at the same time Wednesday morning. UK consumer sentiment declined in April, according to data released earlier Thursday. The next Bank of England meeting is scheduled for April 30.
USD/JPY rose to 159.0189 from 158.5206 at the Wednesday US close and 158.4484 at the same time Wednesday morning. Japanese household confidence declined in March, while machine tool orders grew at an accelerated pace in the same month, data released overnight showed. The next Bank of Japan meeting is scheduled for April 27-28.
USD/CAD rose to 1.3851 from 1.3840 at the Wednesday US close, but was below a level of 1.3868 at the same time Wednesday morning. There are no Canadian data on Thursday's schedule. The next Bank of Canada meeting is scheduled for April 29.