07:41 AM EDT, 09/30/2024 (MT Newswires) -- The US dollar was mixed against its major trading partners early Monday as markets look ahead to a speech by Federal Reserve Chair Jerome Powell in the afternoon and the September employment data to be released on Friday.

The week starts with a speech by Fed Governor Michelle Bowman at 8:50 am ET, followed by Chicago PMI for September at 9:45 am ET and the Dallas Fed's manufacturing reading for September at 10:30 am ET. The key event of the day will be a speech by Fed Chair Powell on the economic outlook at 1:55 pm ET.

Tuesday's schedule is busy, with national manufacturing data for September and job openings and hiring data for August the highlights of the day.

Wednesday's focus will be on ADP private payrolls readings for September and weekly mortgage applications and petroleum stocks.

Challenger layoffs data and monthly services readings for September are due on Thursday followed by the September employment report on Friday, the main report for the week.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD rose to 1.1190 from 1.1164 at the Friday US close and 1.1163 at the same time Friday morning. There are no Eurozone data on Monday's schedule, but European Central Bank President Christine Lagarde is due to speak at 9:00 am ET. The next European Central Bank meeting is scheduled for Oct. 17.

GBP/USD rose to 1.3409 from 1.3374 at the Friday US close and 1.3390 at the same time Friday morning. UK gross domestic product growth slowed more than expected in Q2 while home prices rebounded in September, data released overnight showed. The next Bank of England meeting is scheduled for Nov. 7.

USD/JPY rose to 142.4821 from 142.2341 at the Friday US close but was below a level of 143.1894 at the same time Friday morning. Japanese industrial production declined more than expected in August while retail sales growth accelerated in the same month, data released overnight showed. The next Bank of Japan meeting is scheduled for Oct. 30-31.

USD/CAD rose to 1.3523 from 1.3514 at the Friday US close and 1.3476 at the same time Friday morning. There are no Canadian data on Monday's schedule. The next Bank of Canada meeting is scheduled for Oct. 23.