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US Dollar Mixed Early Monday Ahead of Busy Data Schedule, December Nonfarm Payrolls Employment Data Friday

BY MT Newswires | ECONOMIC | 01/05/26 07:57 AM EST

07:57 AM EST, 01/05/2026 (MT Newswires) -- The US dollar was mixed against its major trading partners early Monday -- up versus the euro and Canadian dollar, down versus the pound and yen -- ahead of a busy week of economic data releases, highlighted by Friday's nonfarm payrolls employment report for December.

The Institute for Supply Management's manufacturing index for December is due to be released at 10:00 am ET Monday, followed by an update to the Atlanta Federal Reserve's gross domestic product Nowcast estimate for Q4 around midday.

Tuesday's highlights include weekly Redbook same-store sales, S&P Global's services purchasing managers' index reading and consumer sentiment data from RealClearMarkets.

ADP private payrolls, nonmanufacturing data from ISM and job openings data are the key readings scheduled for Wednesday.

Weekly jobless claims data, the first look at Q3 productivity and New York inflation expectations data are the key releases Thursday.

The December nonfarm payrolls employment report, delayed by two weeks, is set to be released Friday, followed by housing starts data and the first look at the University of Michigan's consumer sentiment reading for January.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD fell to 1.1682 from 1.1721 at the Friday US close and 1.1725 at the same time Friday morning. There are no Eurozone data on Monday's schedule. The next European Central Bank meeting is scheduled for Feb. 5.

GBP/USD rose to 1.3467 from 1.3460 at the Friday US close and 1.3443 at the same time Friday morning. UK consumer credit usage rose in November, lifted by an increase in mortgage lending, according to data released earlier Monday. The next Bank of England meeting is scheduled for Feb. 5.

USD/JPY fell to 156.5761 from 156.8321 at the Friday US close and 156.9772 at the same time Friday morning. Japanese manufacturing PMI rose more than expected in December and now indicates neither expansion nor contraction, according to data released overnight. The next Bank of Japan meeting is scheduled for Jan. 23.

USD/CAD rose to 1.3767 from 1.3732 at the Friday US close and 1.3733 at the same time Friday morning. There are no Canadian data on Monday's schedule. The next Bank of Canada meeting is scheduled for Jan. 28.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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