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US Dollar Falls Early Friday; Absence of Key Data Due to Shutdown
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US Dollar Falls Early Friday; Absence of Key Data Due to Shutdown
Oct 17, 2025 5:13 AM

07:47 AM EDT, 10/17/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Friday ahead of a lighter day of economic data releases.

The Atlanta and St. Louis Federal Reserve banks are expected to update their gross domestic product Nowcast models for Q3 around midday, though the absence of government data inputs may even delay or cancel those updates.

Missing due to the government shutdown but originally scheduled for release on Friday are home building, import and export price and industrial production data, all for September.

A quick summary of foreign exchange activity heading into Friday:

EUR/USD rose to 1.1694 from 1.1690 at the Thursday US close and 1.1653 at the same time Thursday morning. European consumer prices rose as expected in September, lifting the year-over-year rates. The next European Central Bank meeting is scheduled for Oct. 30.

GBP/USD rose to 1.3439 from 1.3435 at the Thursday US close and 1.3430 at the same time Thursday morning. There are no UK data on Friday's schedule, but Bank of England policy board member Sarah Breeden is due to speak at 12:30 pm ET. The next Bank of England meeting is scheduled for Nov. 6.

USD/JPY fell to 150.2400 from 150.3899 at the Thursday US close and 151.2306 at the same time Thursday morning. Japanese weekly securities purchases increased on net in the week ended Oct. 16, data released overnight showed. The next Bank of Japan meeting is scheduled for Oct. 29.

USD/CAD fell to 1.4033 from 1.4051 at Thursday US close and 1.4043 at the same time Thursday morning. Canadian securities purchases data for August are due to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for Oct. 29.

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