The US dollar rose against its major trading partners early Tuesday ahead of the release of international trade statistics for September at 8:30 am ET, weekly Redbook retail sales at 8:55 am ET and the Investor’s Business Daily’s consumer sentiment survey for November at 10:00 am ET. Later in the day, the Federal Reserve will release its consumer credit usage report for September at 3:00 pm ET. The Fed speaker schedule also picks up Tuesday, starting with an appearance by Fed Vice Chair for Supervision Michael Barr at 9:15 am ET, followed by Fed Governor Christopher Waller at 10:00 am ET and New York Fed President John Williams at 12:00 pm ET. USDJPY rose to 150.4442 from 150.0798 at the Monday US close and 149.6184 at the same time Monday morning. Japanese household spending growth slowed significantly in September while wage income expanded, data released overnight showed. The next Bank of Japan meeting is scheduled for Dec. 18-19.
