07:47 AM EDT, 06/13/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Friday before the release of the preliminary University of Michigan consumer sentiment reading for June at 10:00 am ET.

The dollar received haven support after Israel struck nuclear sites in Iran Thursday.

The St. Louis Federal Reserve bank is expected to update its gross domestic product Nowcast estimate around midday.

Federal Reserve officials are in their 'quiet period' ahead of the next Federal Open Market Committee meeting June 17-18.

A quick summary of foreign exchange activity heading into Friday:

EUR/USD fell to 1.1501 from 1.1577 at the Thursday US close and 1.1594 at the same time Thursday morning. Eurozone industrial production fell in April, slowing the year-over-year growth pace, while the Eurozone trade surplus narrowed in the same month, according to data released earlier Friday. European Central Bank policy board member Frank Elderson is due to speak at 11:00 am ET. The next European Central Bank meeting is scheduled for July 24.

GBP/USD fell to 1.3529 from 1.3604 at the Thursday US close and 1.3595 at the same time Thursday morning. There are no UK data on Friday's schedule. The next Bank of England meeting is scheduled for June 19.

USD/JPY rose to 144.3907 from 143.5513 at the Thursday US close and 143.4687 at the same time Thursday morning. Japanese consumer sentiment rose in June while Japanese industrial production and services purchases both declined in April, according to data released overnight. The next Bank of Japan meeting is scheduled for June 16-17.

USD/CAD rose to 1.3648 from 1.3604 at the Thursday US close and 1.3630 at the same time Thursday morning. Canadian manufacturing, wholesale and motor vehicle sales, all for April, are set to be released at 8:30 am ET along with Q1 capacity utilization. The next Bank of Canada meeting is scheduled for July 30.