07:35 AM EDT, 06/01/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Monday ahead of a busy week of economic data releases leading up to the May employment report on Friday.

Monday's schedule includes S&P Global manufacturing data for May at 9:45 am ET, construction spending data for April, and the ISM's manufacturing reading for May, both at 10:00 am ET, and an update to the Atlanta Federal Reserve's GDP nowcast estimate around midday.

Weekly Redbook same-store sales, consumer sentiment data for June, and job opening data for April are due to be released on Tuesday.

Wednesday's highlights include ADP private payrolls data for May, services conditions data for May, and the Fed's Beige Book report, as well as weekly MBA mortgage data and oil stocks.

Challenger layoffs data for May, weekly jobless claims, natural gas stocks, and revised productivity data for Q1 are due to be released on Thursday.

After the May employment report, an update to the St. Louis Fed's GDP nowcast estimate and consumer credit data for April are due on Friday.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD fell to 1.1644 from 1.1665 at the Friday US close but was above a level of 1.1642 at the same time Friday morning. Eurozone manufacturing PMI declined in May but still indicates growth, while the Eurozone unemployment rate held steady in April, according to data released earlier Monday. The next European Central Bank meeting is scheduled for June 11.

GBP/USD fell to 1.3464 from 1.3468 at the Friday US close but was above a level of 1.3417 at the same time Friday morning. The UK manufacturing PMI rose in May, while home price inflation declined in May, according to data released earlier Monday. The next Bank of England meeting is scheduled for June 18.

USD/JPY rose to 159.4662 from 159.2487 at the Friday US close and 159.2885 at the same time Friday morning. Japanese manufacturing PMI declined in May but still pointed to growth, according to data released overnight. The next Bank of Japan meeting is scheduled for June 15-16.

USD/CAD rose to 1.3828 from 1.3787 at the Friday US close and 1.3813 at the same time Friday morning. Canadian manufacturing PMI for May is due to be released at 9:30 am ET, followed by an appearance by Bank of Canada Senior Deputy Governor Carolyn Rogers at 12:00 pm ET. The next Bank of Canada meeting is scheduled for June 10.