07:47 AM EDT, 06/21/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Friday ahead of the release of S&P Global's flash readings for manufacturing and services conditions in June at 9:45 am ET, and existing home sales and leading indictors data, both for May, at 10:00 am ET.

Weekly natural gas stocks data are due to be released at 10:30 am ET, followed by an update to the St. Louis Federal Reserve's gross domestic product Nowcast estimate around midday.

A quick summary of foreign exchange activity heading into Friday:

EUR-USD fell to 1.0682 from 1.0707 at the Thursday US close and 1.0729 at the same time Thursday morning. The Eurozone manufacturing purchasing managers' index declined further below the breakeven point that indicates contraction in June, while services PMI declined slightly but still signals expansion, data released overnight showed. The next European Central Bank meeting is scheduled for July 18.

GBP-USD fell to 1.2637 from 1.2664 at the Thursday US close and 1.2693 at the same time Thursday morning. UK manufacturing PMI rose slightly in June while services PMI declined, though both still pointed to expansion. Also released overnight, UK retail sales rebounded more than expected in May after a decline in April. The next Bank of England meeting is scheduled for Aug. 1.

USD-JPY rose to 159.0073 from 158.9014 at the Thursday US close and 158.4230 at the same time Thursday morning. Japanese manufacturing PMI declined in June but remained above the breakeven point while services PMI fell back into contraction. Also released overnight, Japanese national consumer price inflation accelerated in May. The next Bank of Japan meeting is scheduled for July 30-31.

USD-CAD rose to 1.3689 from 1.3683 at the Thursday US close but was below a level of 1.3708 at the same time Thursday morning. Canadian retail sales for April and industrial and raw materials prices for May are set to be released at 8:30 am ET. The next Bank of Canada meeting is scheduled for July 24.