Forex Today: Dollar stays on the back foot heading into the weekend By eren_fxstreet Currencies Majors Macroeconomics Commodities
. Markets stay relatively quiet early Friday but US stock index futures trade decisively higher, pointing to an improving market mood ahead of the weekend. The European Commission will release the Consumer Confidence data for May later in the session.
gained more than 1% on Thursday and closed the day above the critical 200-day SMA. XAU/USD clings to small daily gains early Friday and trades slightly below $1,850. The 10-year US yield is holding in positive territory, limiting the pair's upside for the time being.rose 5% on Friday and seems to have steadied above the key $30,000 level on Friday. Ethereum is moving sideways in a tight range a tad above $2,000 following Thursday's rebound.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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