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US Dollar Rises Early Tuesday Ahead of Redbook, Consumer Sentiment
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US Dollar Rises Early Tuesday Ahead of Redbook, Consumer Sentiment
Nov 4, 2025 5:08 AM

07:43 AM EST, 11/04/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday, except for a decline versus the yen, ahead of the release of weekly Redbook same-store sales at 8:55 am ET and consumer sentiment data for November from RealClearMarkets shortly after 10:00 am ET.

International trade, factory orders and job openings data, all for September, will not be released due to the government shutdown.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD fell to 1.1481 from 1.1520 at the Monday US close and 1.1515 at the same time Monday morning. There are no Eurozone data on Tuesday's schedule. The next European Central Bank meeting is scheduled for Dec. 18.

GBP/USD fell to 1.3062 from 1.3139 at the Monday US close and 1.3128 at the same time Monday morning. There are no UK data on Tuesday's schedule, but Bank of England policy board member Sarah Breeden is due to speak at 8:00 am ET. The next Bank of England meeting is scheduled for Thursday, when no change in the interest rate is expected.

USD/JPY fell to 153.5538 from 154.1979 at the Monday US close and 154.1691 at the same time Monday morning. The Bank of Japan's manufacturing purchasing managers' index fell further below its breakeven point in October according to data released overnight. The next Bank of Japan meeting is scheduled for Dec. 18-19.

USD/CAD rose to 1.4080 from 1.4053 at the Monday US close and 1.4043 at the same time Monday morning. Canadian trade data for September are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for Dec. 10.

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