07:54 AM EDT, 08/28/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Thursday ahead of the release of weekly jobless claims and the second estimate of Q2 gross domestic product growth, both at 8:30 am ET, and pending home sales data for July at 10:00 am ET.

Weekly natural gas stocks inventory data are due to be released at 10:30 am ET, followed by the Kansas City Federal Reserve manufacturing reading for August at 11:00 am ET.

Fed Governor Christopher Waller is due to speak at 6:00 pm ET.

A quick summary of foreign exchange activity heading into Thursday:

EUR/USD rose to 1.1664 from 1.1635 at the Wednesday US close and 1.1581 at the same time Wednesday morning. Eurozone consumer confidence declined in August while consumer inflation expectations increased, according to data released earlier Thursday. The next European Central Bank meeting is scheduled for Sept. 11.

GBP/USD rose to 1.3521 from 1.3498 at the Wednesday US close and 1.3428 at the same time Wednesday morning. UK car registrations declined in July from both the previous month and from July 2024, according to data released overnight. The next Bank of England meeting is scheduled for Sept. 18.

USD/JPY fell to 146.9317 from 147.4719 at Wednesday US close and 148.1029 a the same time Wednesday morning. There were no Japanese data released overnight, but Bank of Japan board member Junko Nakagawa said the BoJ would continue to raise interest rates if needed but emphasized trade uncertainties require caution. The next Bank of Japan meeting is scheduled for Sept. 18-19.

USD/CAD fell to 1.3765 from 1.3788 at the Wednesday US close and 1.3848 at the same time Wednesday morning. Canadian average weekly earnings data for June and current account data for Q2 are both due at 8:30 am ET. The next Bank of Canada meeting is scheduled for Sept. 17.