07:47 AM EDT, 05/30/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Friday, except for a decline versus the yen, ahead of busy schedule of economic data releases that starts with personal income, spending, and price data and the advance trade report, all for April, at 8:30 am ET.

Chicago PMI data for May are due to be released at 9:45 am ET, followed by the University of Michigan's final reading of May consumer sentiment at 10:00 am ET.

The Atlanta and St. Louis Federal Reserve banks are due to update their GDP nowcast estimates for Q2 around midday.

Atlanta Fed President Raphael Bostic is expected to speak at 12:20 pm ET, followed by an appearance by Chicago Fed President Austan Goolsbee at 7:30 pm ET.

A quick summary of foreign exchange activity heading into Friday:

EUR/USD fell to 1.1332 from 1.1368 at the Thursday US close but was up from a level of 1.1284 at the same time Thursday morning. Eurozone private sector loan growth accelerated in April, according to data released earlier Friday. The next European Central Bank meeting is scheduled for June 4-5.

GBP/USD fell to 1.3479 from 1.3495 at the Thursday US close but was above a level of 1.3470 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 fell to 143.9818 from 144.1064 at the Thursday US close and 145.0459 at the same time Thursday morning. Tokyo core CPI growth accelerated in May while the unemployment rate held steady in the same month, according to data released overnight. The next Bank of Japan meeting is scheduled for June 16-17.

USD/CAD rose to 1.3810 from 1.3809 at the Thursday US close but was below a level of 1.3832 at the same time Thursday morning. Canadian GDP data for Q1 are due to be released at 8:30 am ET, followed by Canadian budget balance data for March at 11:00 am ET. The next Bank of Canada meeting is scheduled for June 4.