US markets in red, Europe mixed

FXStreet (Edinburgh) - US shares are trading on the back footing on Friday, although the weekly close will be a very positive one, with indices trading in record levels.

As of writing, DowJones is retreating 0.18%, the S&P500, 0.08% and the Nasdaq, 0.40%. The greenback, in terms of the DXY is losing ground for the second consecutive session, hovering over the 80.40 area.

The main indices in Euroland closed in a mixed tone following poor performances of miners and the banking sector. Despite today’s pullback, the broader Stoxx600 closed with gains for the seventh consecutive week. The IBEX35, advanced 0.60% followed by the DAX, 0.04%; on the other hand, the FTSE100 retreated 0.39% and the CAC40, 0.24%. The EUR/USD is holding on to session highs in the 1.3635/40 band as of writing, managing to keep the trade above the 1.3600 handle throughout the session.

In the commodities’ land, the barrel of WTI is down 0.8% around $102.72 and the ounce troy of gold is losing almost 1% near $1,245.

EUR/USD climbs to 1.3650

The EUR/USD gained momentum during the US session and printed a fresh daily high at 1.3650, the strongest level since last Tuesday.
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USD/JPY rises above 101.70

After Wall Street opening and despite US economic data the USD/JPY rose further and reached at 101.84 a fresh daily high.
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