07:36 AM EDT, 05/04/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Monday, with the focus this week on Friday's April employment report.

Monday's schedule is light, with factory orders data for March due to be released at 10:00 am ET, followed by an appearance by New York Federal Reserve President John Williams at 12:50 pm ET and the US Treasury's borrowing requirement announcement at 3:00 pm ET.

Tuesday's highlights include international trade data for March, services data for April from S&P Global and ISM, job openings data for March, and new home sales data for February and March.

ADP private payrolls data for April and the Treasury's refunding announcement are the key releases on Wednesday.

Weekly jobless claims data, preliminary productivity data for Q3, and construction spending for February and March are the highlights on Thursday.

The April employment report is the main release on Friday, followed by the preliminary University of Michigan consumer sentiment reading for May and wholesale inventories data for March.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD fell to 1.1697 from 1.1721 at the Friday US close and 1.1756 at the same time Friday morning. Eurozone manufacturing PMI rose in April while investor confidence increased to a smaller negative in May, according to data released earlier Monday. European Central Bank Vice President Luis de Guindos is due to speak at 8:30 am ET. The next European Central Bank meeting is scheduled for June 11.

GBP/USD fell to 1.3543 from 1.3573 at the Friday US close and 1.3619 at the same time Friday morning. Monday is a holiday in the UK, so there are no data on the schedule. The next Bank of England meeting is scheduled for June 18.

USD/JPY rose to 157.1341 from 156.7482 at the Friday US close and 156.6033 at the same time Friday morning. Monday is a holiday in Japan, so there were no data released overnight. The next Bank of Japan meeting is scheduled for June 15-16.

USD/CAD rose to 1.3610 from 1.3591 at the Friday US close and 1.3567 at the same time Friday morning. There are no Canadian data on Monday's schedule, but Bank of Canada Governor Tiff Macklem is due to speak at 3:30 pm ET. The next Bank of Canada meeting is scheduled for June 10.