07:56 AM EST, 11/03/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Monday with the focus on private-source data, as government data, particularly Friday's scheduled employment report, continue to be delayed by the ongoing government shutdown.
On Monday, the S&P Global manufacturing report for October is due to be released at 9:45 am ET, followed by the Institute for Supply Management's manufacturing report at 10:00 am ET, an appearance by San Francisco Federal Reserve President Mary Daly at 12:00 pm ET, an appearance by Fed Governor Lisa Cook at 2:00 pm ET and the US Treasury's borrowing requirements report for Q4 at 3:00 pm ET. Construction spending data for September will not be released due to the shutdown.
Tuesday's highlights include weekly Redbook same-store sales, the RealClearMarkets consumer sentiment reading for November and an update to the Atlanta Federal Reserve's gross domestic product Nowcast estimate for Q4. Government data for trade, factory orders and job openings will not be released.
Wednesday's highlights include ADP private payrolls for October, the Treasury's quarterly refunding announcement and manufacturing data for October.
Thursday's highlights include Challenger layoff data for October and weekly natural gas stocks, while weekly jobless claims, preliminary productivity and wholesale inventory data will be delayed.
On Friday, the preliminary University of Michigan consumer sentiment reading for November will take center stage in the absence of October employment data, with the New York Fed's inflation report for October and consumer credit data for September to be released later in the day.
A quick summary of foreign exchange activity heading into Monday:
EUR/USD fell to 1.1515 from 1.1529 at the Friday US close and 1.1571 at the same time Friday morning. The Eurozone's manufacturing purchasing managers' index rose modestly in October, according to data released earlier Monday. The next European Central Bank meeting is scheduled for Dec. 18.
GBP/USD fell to 1.3130 from 1.3142 at the Friday US close and 1.3137 at the same time Friday morning. UK manufacturing PMI increased in October, according to data released earlier Monday. The next Bank of England meeting is scheduled for Thursday, when no change in the interest rate is expected.
USD/JPY rose to 154.1661 from 154.1052 at the Friday US close and 154.1563 at the same time Friday morning. Monday is a holiday in Japan, so there are no Japanese data on the schedule. The next Bank of Japan meeting is scheduled for Dec. 18-19.
USD/CAD rose to 1.4042 from 1.4018 at the Friday US close and 1.4015 at the same time Friday morning. Canada's manufacturing PMI for October is due to be released at 9:30 am ET, followed by a speech by Bank of Canada Governor Tiff Macklem at 1:30 pm ET. The next Bank of Canada meeting is scheduled for Dec. 10.