07:43 AM EDT, 04/15/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Tuesday, except for a gain versus the euro, before the release of import and export price data for March and Empire State manufacturing data for April, all at 8:30 am ET.

Weekly Redbook same-store sales data are due to be released at 8:55 am ET.

Richmond Federal Reserve President Tom Barkin is expected to speak at 11:35 am ET, followed by Fed Governor Lisa Cook at 7:10 pm ET.

A quick summary of foreign exchange activity heading into Tuesday:

EUR/USD fell to 1.1335 from 1.1354 at the Monday US close and 1.1388 at the same time Monday morning. Eurozone industrial production rose more than expected in February, lifting the year-over-year rate after a decline in the previous month, while Eurozone economic sentiment declined in April. European Central Bank President Christine Lagarde is due to speak at 12:00 pm ET. The next European Central Bank meeting is scheduled for Thursday, when a 25 basis point rate reduction is expected.

GBP/USD rose to 1.3230 from 1.3189 at the Monday US close and 1.3192 at the same time Monday morning. UK average earnings growth accelerated in February at the same time that employment growth accelerated, and the unemployment rate held steady. The next Bank of England meeting is scheduled for May 8.

USD/JPY fell to 142.9641 from 143.0355 at the Monday US close and 143.1089 at the same time Monday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for April 30-May 1.

USD/CAD fell to 1.3872 from 1.3876 at the Monday US close but was above a level of 1.3859 at the same time Monday morning. Canadian housing starts for March are due to be released at 8:15 am ET, followed by Canadian consumer price data for March at 8:30 am ET. The next Bank of Canada meeting is scheduled for Wednesday, when no change in interest rates is expected.

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