07:52 AM EDT, 10/25/2024 (MT Newswires) -- The US dollar fell against its major trading partners early Friday, except for a small gain versus the euro, ahead of the release of durable goods orders data for September at 8:30 am ET.

The final estimate of the University of Michigan's consumer sentiment index for October is due to be released at 10:00 am ET, followed by the Kansas City Federal Reserve's services reading for October at 11:00 am ET.

Gross domestic product growth Nowcast estimates for Q3 from the Atlanta and St. Louis Fed banks are due around midday.

A quick summary of foreign exchange activity heading into Friday:

EUR/USD fell slightly to 1.0825 from 1.0828 at the Thursday US close but was above a level of 1.0800 at the same time Thursday morning. Eurozone private sector loans rose less than expected in September from a year ago, data released earlier Friday showed. The next European Central Bank meeting is scheduled for Dec. 12.

GBP/USD rose to 1.2987 from 1.2975 at the Thursday US close and 1.2976 at the same time Thursday morning. There are no UK data on Friday's schedule. The next Bank of England meeting is scheduled for Nov. 7.

USD/JPY fell to 151.8398 from 151.8405 at the Thursday US close but was above a level of 151.7971 at the same time Thursday morning. Tokyo consumer inflation growth, a proxy for Japan's consumer price index, slowed in October compared with a year earlier, while the Japanese leading index declined in August, according to data released overnight. The next Bank of Japan meeting is scheduled for Oct. 30-31.

USD/CAD fell slightly to 1.3850 from 1.3853 at the Thursday US close but was up from a level of 1.3818 at the same time Thursday morning. Canadian retail sales for August and manufacturing sales and home prices for September are due to be released at 8:30 am ET, followed by the Canadian budget balance for August at 11:00 am ET. The next Bank of Canada meeting is scheduled for Dec. 11.