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US Dollar Rises Early Monday, Focus on March Employment Data
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US Dollar Rises Early Monday, Focus on March Employment Data
Mar 30, 2026 4:39 AM

07:27 AM EDT, 03/30/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Monday, except for a decline versus the yen, as the focus turns to the March employment report set to be released on Friday.

Monday's schedule is light, with the Dallas Federal Reserve's manufacturing reading due at 10:30 am ET, at the same time as an appearance by Federal Reserve Chairman Jerome Powell and followed by a speech by New York Fed President John Williams at 4:00 pm ET.

Tuesday's highlights include home price data for January, the Chicago PMI, consumer confidence, and the Richmond Fed's non-manufacturing reading, all for March, and job openings data for February.

ADP private payrolls data for March, retail sales data for February, and manufacturing conditions data for March are the main reports to be released on Wednesday.

Thursday's highlights include layoff announcements for March, weekly jobless claims and natural gas stocks reports, and trade data for February.

Non-manufacturing data for March from S&P Global are scheduled to be released on Friday after the March employment report.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD fell to 1.1490 from 1.1517 at the Friday US close and 1.1512 at the same time Friday morning. Eurozone consumer confidence held steady in March while industrial sentiment remained negative, according to data released earlier Monday. The next European Central Bank meeting is scheduled for April 30.

GBP/USD fell to 1.3236 from 1.3274 at the Friday US close and 1.3302 at the same time Friday morning. UK consumer credit usage increased in February, lifted by a gain in mortgage lending, according to data released earlier Monday. The next Bank of England meeting is scheduled for April 30.

USD/JPY fell to 159.5431 from 160.1871 at the Friday US close and 159.8462 at the same time Friday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for April 27-28.

USD/CAD rose to 1.3918 from 1.3891 at the Friday US close and 1.3852 at the same time Friday morning. There are no Canadian data on Monday's schedule. The next Bank of Canada meeting is scheduled for April 29.

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