07:43 AM EST, 01/13/2026 (MT Newswires) -- The US dollar fell against its major trading partners early Tuesday, except for a gain versus the yen, ahead of the release of consumer price index data for December at 8:30 am ET, followed by weekly Redbook same-store sales at 8:55 am ET and new-home sales for October at 10:00 am ET.

Consumer sentiment data for January from RealClearMarkets are also due to be released at 10:00 am ET, at the same time as an appearance by St. Louis Federal Reserve President Alberto Musalem.

The US Treasury is due to publish its monthly budget statement at 2:00 pm ET and Richmond Fed President Tom Barkin is expected to speak at 4:00 pm ET.

Earlier Tuesday, the National Federal of Independent Business reported small business optimism rose in December due to a much improved economic outlook that respondents attributed to waning cost pressures, easing employment challenges, and an increase in capital investments.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD rose to 1.1665 from 1.1664 at the Monday US close but was below a level of 1.1683 at the same time Monday morning. There are no Eurozone data on Tuesday's schedule. The next European Central Bank meeting is scheduled for Feb. 5.

GBP/USD rose to 1.3470 from 1.3463 at the Monday US close and 1.3468 at the same time Monday morning. There are no UK data on Tuesday's schedule. The next Bank of England meeting is scheduled for Feb. 5.

USD/JPY rose to 158.8645 from 158.1967 at the Monday US close and 157.8985 at the same time Monday morning. The Japanese current account widened more than expected in November while Japanese service business sentiment fell slightly in December. The next Bank of Japan meeting is scheduled for Jan. 23.

USD/CAD fell to 1.3879 from 1.3881 at the Monday US close and 1.3880 at the same time Monday morning. Canadian building permits data for November are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for Jan. 28.