07:38 AM EST, 02/18/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday after the long holiday weekend, with the focus this week on housing data.

Tuesday's schedule starts with the New York Federal Reserve's Empire State manufacturing survey for February at 8:30 am ET, followed by the National Association of Home Builders' sentiment reading for February at 10:00 am ET and the Treasury's TICS report for December at 4:00 pm ET.

San Francisco Federal Reserve President Mary Daly is scheduled to speak at 10:20 am ET, followed by Fed Vice Chair for Supervision Michael Barr at 1:00 pm ET.

Highlights on Wednesday include weekly mortgage applications data, home building data, the New York Fed's services reading and minutes of the Federal Open Market Committee's Jan. 28-29 meeting.

Thursday's highlights include weekly jobless claims, manufacturing data from the Philadelphia Fed, leading indicators and week energy stocks inventory data.

S&P Global's flash estimates of manufacturing and services conditions, existing home sales and an updated reading of consumer sentiment from the University of Michigan are due Friday.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD fell to 1.0463 from 1.0484 at the Monday US close and 1.0482 at the same time Monday morning. Eurozone confidence improved about as expected in February according to data released earlier Tuesday. The next European Central Bank meeting is scheduled for March 5-6.

GBP/USD fell to 1.2600 from 1.2628 at the Monday US close and 1.2603 at the same time Monday morning. UK employment and earnings growth accelerated in December, while the unemployment rate declined in the same month. However, the level of UK jobless claims rebounded in January after a decline in December, according to data released overnight. The next Bank of England meeting is scheduled for March 20.

USD/JPY rose to 151.7854 from 151.3987 at the Monday US close and 151.5201 at the same time Monday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for March 18-19.

USD/CAD rose to 1.4187 from 1.4182 at the Monday US close and was little changed from a level of 1.4188 at the same time Monday morning. Canadian consumer price data for January are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for March 12.