US Dollar Rises Early Tuesday Ahead of Weekly ADP Private Payrolls, Redbook Same-Store Sales Data

BY MT Newswires | ECONOMIC | 11/11/25 07:37 AM EST

07:37 AM EST, 11/11/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday, except for a decline against the euro, ahead of the release of weekly private payrolls data from ADP at 8:15 am ET and weekly Redbook same-store sales data at 8:55 am ET.

Federal Reserve Governor Michael Barr is due to speak at 10:25 pm ET Tuesday evening.

Earlier Tuesday, the National Federal of Independent Business reported small business optimism slipped in October due to a more pessimistic outlook for sales and lower profits, as well as concerns about labor quality.

Overnight, the US Senate passed a bill to reopen the federal government, but the House of Representatives must now pass the same bill before it can be sent to President Donald Trump for his signature. The House is expected to consider the bill Wednesday.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD rose to 1.1573 from 1.1563 at the Monday US close and 1.1564 at the same time Monday morning. Eurozone economic sentiment rose more than expected in November, according to data released earlier Tuesday. The next European Central Bank meeting is scheduled for Dec. 18.

GBP/USD fell to 1.3149 from 1.3181 at the Monday US close and 1.3178 at the same time Monday morning. UK average earnings growth slowed in September, while jobless claims and the unemployment rate rose and the 3-month moving average for employment declined in the same month. Bank of England policy board member Swati Dhingra is due to speak at 12:00 pm ET. The next Bank of England meeting is scheduled for Dec. 18.

USD/JPY rose to 154.2100 from 154.0268 at the Monday US close and 154.1447 at the same time Monday morning. The Japanese current account surplus widened in September while Japanese service business sentiment improved in October but remained below the breakeven point, according to data released overnight. The next Bank of Japan meeting is scheduled for Dec. 18-19.

USD/CAD rose to 1.4027 from 1.4015 at the Monday US close and 1.4014 at the same time Monday morning. Tuesday is a holiday in Canada, so there are no data releases schedule. The next Bank of Canada meeting is scheduled for Dec. 10.

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