US Dollar Mixed Early Tuesday Ahead of Durable Goods Orders, Redbook

07:40 AM EDT, 04/07/2026 (MT Newswires) -- The US dollar was mixed against its major trading partners early Tuesday -- up versus the yen and Canadian dollar, down versus the euro and pound -- ahead of the release of durable goods orders data for February at 8:30 am ET and weekly Redbook same-store sales at 8:55 am ET.

The RealClearMarkets consumer sentiment reading for April is due to be released shortly after 10:00 am ET, and the New York Federal Reserve's inflation expectations report for March is scheduled to be released at 11:00 am ET.

The Atlanta Fed is due to update its GDP nowcast estimate for Q1 around midday, and consumer credit data for February are expected to be published around 3:00 pm ET.

Chicago Fed President Austan Goolsbee is due to speak at 12:35 pm ET, and Fed Vice Chair Philip Jefferson is scheduled to speak at 5:50 pm ET.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD rose to 1.1550 from 1.1544 at the Monday US close and 1.1549 at the same time Monday morning. Eurozone services PMI declined in March but remained above its breakeven point, while Eurozone investor confidence slid further in April, according to data released earlier Tuesday. The next European Central Bank meeting is scheduled for April 30.

GBP/USD rose to 1.3242 from 1.3235 at the Monday US close and was little changed from a level of 1.3243 at the same time Monday morning. UK services PMI declined in March but still indicated modest expansion, while the year-over-year growth in UK car registrations slowed in March, data released earlier Tuesday showed. The next Bank of England meeting is scheduled for April 30.

USD/JPY rose to 159.8200 from 159.6770 at the Monday US close and 159.4815 at the same time Monday morning. Japanese household spending rebounded in March after a decline in the previous month, while the Japanese leading index posted a more modest gain in February, according to data released overnight. The next Bank of Japan meeting is scheduled for April 27-28.

USD/CAD rose to 1.3922 from 1.3917 at the Monday US close, but was below a level of 1.3924 at the same time Monday morning. Canadian reserve asset data for March are due to be released at 8:15 am ET, followed by the Canada IVEY PMI for March at 10:00 am ET. The next Bank of Canada meeting is scheduled for April 29.

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