07:44 AM EDT, 08/25/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Monday before the start of a busy week of economic data releases, with the focus on gross domestic product and personal income and spending data later in the week.
Monday's schedule includes the Chicago Fed's national activity index for July at 8:30 am, followed by new home sales for July at 10:00 am ET, the Dallas Fed's manufacturing reading for August at 10:30 am ET, an appearance by Dallas Fed President Lorie Logan at 3:15 pm ET and an appearance by New York Fed President John Williams at 7:15 pm ET.
Tuesday's highlights include durable goods orders for July, home price data for June and consumer confidence data for August.
Wednesday's schedule includes only weekly mortgage application and crude oil stocks inventory data.
Weekly initial jobless claims, the second estimate of Q2 GDP and pending homes data for July are due to be released on Thursday.
Friday's highlights include personal income, spending and price data for July, advance trade data for July and the final University of Michigan consumer sentiment reading for August.
A quick summary of foreign exchange activity heading into Monday:
EUR/USD fell to 1.1694 from 1.1721 at the Friday US close but was well above a level of 1.1597 at the same time Friday morning. There are no Eurozone data on Monday's schedule. The next European Central Bank meeting is scheduled for Sept. 11.
GBP/USD fell to 1.3503 from 1.3522 at the Friday US close but was above a level of 1.3410 at the same time Friday morning. There are no UK data on Monday's schedule. The next Bank of England meeting is scheduled for Sept. 18.
USD/JPY rose to 147.3531 from 146.9352 at the Friday US close but was below a level of 148.7071 at the same time Friday morning. The Japanese leading and coincident index readings both rose less than expected in June, according to data released overnight. The next Bank of Japan meeting is scheduled for Sept. 18-19.
USD/CAD rose to 1.3829 from 1.3826 at the Friday US close but was below a level of 1.3912 at the same time Friday morning. Canadian corporate profits data for Q2 are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for Sept. 17.