08:02 AM EDT, 07/29/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday, except for a decline versus the yen, ahead of an extremely busy day of economic data releases, starting with advance trade data for June at 8:30 am ET.

Weekly Redbook same-store sales are due to be released at 8:55 am ET, followed by home price data for May and the International Monetary Fund's update to its World Economic Outlook, both at 9:00 am ET.

Job openings data for June are scheduled to be released at 10:00 am ET, at the same time as consumer confidence data for July.

The Dallas Federal Reserve's nonmanufacturing reading for July is expected to be published at 10:30 am ET and the Atlanta Fed is due to publish the final estimate of its Q2 gross domestic product Nowcast around midday.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD fell to 1.1566 from 1.1591 at the Monday US close and 1.1655 at the same time Monday morning. There are no Eurozone data on Tuesday's schedule. The next European Central Bank meeting is scheduled for Sept. 11.

GBP/USD fell to 1.3351 from 1.3355 at the Monday US close and 1.3421 at the same time Monday morning. UK mortgage lending rose in June, lifting consumer credit usage, according to data released earlier Tuesday. The next Bank of England meeting is scheduled for Aug. 7.

USD/JPY fell to 148.5358 from 148.5565 at the Monday US close but was above a level of 148.3857 at the same time Monday morning. There were no Japanese data released overnight. The Bank of Japan is expected to leave its policy rate unchanged at its meeting this week, with results expected to be reported late Wednesday evening US time.

USD/CAD rose to 1.3755 from 1.3736 at the Monday US close and 1.3727 at the same time Monday morning. There are no Canadian data on Tuesday's schedule. The next Bank of Canada meeting is scheduled for Wednesday, when no change in its policy rate is expected.