08:02 AM EDT, 09/02/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday after the long US holiday weekend and before a busy week that concludes with the August employment report Friday.

Tuesday's schedule starts with manufacturing data for August from S&P Global at 9:45 am ET and the Institute for Supply Management at 10:00 am ET, at the same time as construction spending data for July, and consumer sentiment data for September from RealClearMarkets. The Atlanta Fed is expected to update its gross domestic product Nowcast estimate around midday.

Highlights Wednesday include weekly Redbook same-store sales, job openings data for August and the Fed's Beige Book.

Thursday's highlights include ADP private payrolls data for August, weekly jobless claims, nonmanufacturing data from S&P Global and ISM, and weekly natural gas stocks inventories.

Friday's nonfarm payrolls employment data for August will be the main release for the week, especially after disappointing jobs gain readings over the last few months.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD fell to 1.1628 from 1.1712 at the Monday close and 1.1726 at the same time Monday morning. Eurozone consumer prices rose in August, but the year-over-year rate held steady, while a rebound in core prices lifted that year-over-year rate, data released earlier Tuesday showed. The next European Central Bank meeting is scheduled for Sept. 11.

GBP/USD fell to 1.3377 from 1.3549 at the Monday close and 1.3532 at the same time Monday morning as UK bond yields surged. There are no UK data on Tuesday's schedule. The next Bank of England meeting is scheduled for Sept. 18.

USD/JPY rose to 148.6041 from 147.1721 at the Monday close and 147.1442 at the same time Monday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for Sept. 18-19.

USD/CAD rose to 1.3790 from 1.3751 at the Monday close and 1.3741 at the same time Monday morning. Canadian manufacturing PMI for August is due to be released by S&P Global at 9:30 am ET. The next Bank of Canada meeting is scheduled for Sept. 17.