07:55 AM EDT, 04/01/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday, except for a decline versus the yen, before a busy economic release calendar.

Weekly Redbook same-store sales are due to be released at 8:55 am ET, followed by an appearance by Richmond Federal Reserve President Tom Barkin at 9:00 am ET and manufacturing data for March from S&P Global at 9:45 am ET and from the Institute for Supply Management at 10:00 am ET.

Construction data and job openings data for February and consumer sentiment data for April are also due to be released at 10:00 am ET.

The Dallas Federal Reserve's services reading is expected to be released at 10:30 am ET and the Atlanta Fed's gross domestic product growth Nowcast reading for Q1 is due around midday.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD fell to 1.0795 from 1.0815 at the Monday US close and 1.0819 at the same time Monday morning. Eurozone consumer prices rose more than expected in March, but the year-over-year rate slowed, while the Eurozone manufacturing purchasing managers' index improved but still indicated contraction according to data released earlier Tuesday. The next European Central Bank meeting is scheduled for April 16-17.

GBP/USD fell to 1.2912 from 1.2919 at the Monday US close and 1.2941 at the same time Monday morning. UK manufacturing PMI declined in March to indicate faster contraction while UK home prices were steady in March, according to data released earlier Tuesday. The next Bank of England meeting is scheduled for May 8.

USD/JPY fell to 149.2868 from 149.9773 at the Monday US close but was up from 149.2092 at the same time Monday morning. Japanese manufacturing PMI fell further below the breakeven point in March while quarterly data showed a slowing in manufacturing data in Q1, according to reports released overnight. The next Bank of Japan meeting is scheduled for April 30-May 1.

USD/CAD rose to 1.4399 from 1.4389 at the Monday US close and 1.4350 at the same time Monday morning. Canadian manufacturing PMI data for March is due to be released at 9:30 am ET. The next Bank of Canada meeting is scheduled for April 16.