07:37 AM EDT, 08/03/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Monday, except for a decline versus the yen, ahead of a busy week of economic data releases, highlighted by Friday's July employment report.

On Monday, manufacturing data for July from S&P Global are due to be released at 9:45 am ET, followed by the ISM's manufacturing report at 10:00 am ET, at the same time as construction data for June. The Atlanta Federal Reserve is due to update its GDP nowcast estimate for Q3 around midday, and the Treasury's borrowing requirements estimate for the upcoming quarter is due at 3:00 pm ET.

Tuesday's highlights include international trade and factory orders data for June, weekly Redbook same-store sales, and the job openings data for June.

ADP private payrolls data for July, nonmanufacturing conditions data for July, and the US Treasury's quarterly refunding announcement will be the key events on Wednesday.

Highlights on Thursday include Challenger layoffs data for July, weekly jobless claims, the first look at productivity and cost data for Q2, and wholesale inventories for June.

On Friday, the New York Fed's inflation expectations reading for July and consumer credit data for June will be released after the July employment report.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD fell to 1.1526 from 1.1532 at the Friday US close but was above a level of 1.1473 at the same time Friday morning. Eurozone manufacturing PMI indicated expansion in July, data released earlier Monday showed. The next European Central Bank meeting is scheduled for Sept. 10.

GBP/USD fell to 1.3462 from 1.3478 at the Friday US close but was above a level of 1.3441 at the same time Friday morning. UK manufacturing PMI remained above its breakeven point in July, according to data released earlier Monday. The next Bank of England meeting is scheduled for Sept. 17.

USD/JPY fell to 156.9103 from 159.1405 at the Friday US close and 160.1140 at the same time Friday morning after coordinated intervention by Japanese and US authorities. Japanese manufacturing PMI declined in July but still indicated expansion in the sector. The next Bank of Japan meeting is scheduled for Sept. 17-18.

USD/CAD rose to 1.4043 from 1.4018 at the Friday US close and 1.4026 at the same time Friday morning. There are no Canadian data on Monday's schedule. The next Bank of Canada meeting is scheduled for Sept. 2.