07:38 AM EDT, 05/09/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Thursday ahead of the release of weekly initial jobless claims data at 8:30 am ET and weekly natural gas stocks data at 10:30 am ET.

San Francisco President Mary Daly, voter on the interest rate policy setting Federal Open Market Committee this year, is scheduled to speak at 2:00 pm ET.

A quick summary of foreign exchange activity heading into Thursday:

EUR-USD fell to 1.0734 from 1.0746 at the Wednesday US close and 1.0752 at the same time Wednesday morning. There are no Eurozone data on Thursday's schedule, but European Central Bank Vice President Luis De Guindos is scheduled to speak at 8:15 am ET. The next ECB meeting is scheduled for June 6.

GBP-USD fell to 1.2453 from 1.2496 at the Wednesday US close and 1.2495 at the same time Wednesday morning. The pair was at a level of 1.2496 Thursday morning just prior to the Bank of England's announcement that it had held interest rates steady at its meeting but that two members voted to lower rates by 25 basis points. The next Bank of England meeting is scheduled for June 20. Before the meeting announcement, UK consumer sentiment data showed some improvement in May.

USD-JPY rose to 155.9169 from 155.6429 at the Wednesday US close and 155.3942 at the same time Wednesday morning. Japanese wage growth slowed in March while the index of leading indicators declined in the same month, data released overnight showed. The next Bank of Japan meeting is scheduled for June 13-14.

USD-CAD rose to 1.3726 from 1.3723 at the Wednesday US close but was below a level of 1.3746 at the same time Wednesday morning. There are no Canadian data on Thursday's schedule, focusing attention on an appearance by Bank of Canada Governor Tiff Macklem at 11:00 am ET. The next BoC meeting is scheduled for June 5.